Tag: Housing market trends

Home Depot recently announced that while it exceeded expectations for the quarter, it anticipates a decline in sales for the rest of the year due to high interest rates and consumer uncertainty. The company...

Mortgage rates are dropping, but don't expect homes to become more affordable in 2025. The average 30-year fixed mortgage rate has decreased to 6.2% from a peak of 7.79% in May, providing potential savings...

July Home Sales Show Signs of Recovery After Five-Month DeclineIn a promising turn of events, closed sales of previously owned homes experienced a 1.3% increase in July compared to June, reaching a seasonally adjusted,...