U.S. home buyers are becoming more willing to purchase properties even as interest rates stay high.
Where the Housing Market has Morgan Stanley Only Seeing Pain for Homebuyers Ahead, Zillow Keeps Cutting its Forecast. Here’s Why
Existing home sales hasn't been this bad since 2010. A 15% collapse in Sept. sent transactions to 13yr low, a "deep freeze" Zillow warned in spring.
A joint venture tied to a Pacific Investment Management Co. fund surrendered a portfolio of 20 hotels with a $240 million mortgage.
Mortgage rates, which surged to 2 decade high, have hurt housing affordability so much that a jump to 8% wouldn’t make things significantly worse.
Just 16% believed it was a good time to buy, matching an all-time survey low set last year.