Home Values Rise Even as Median Prices Fall
Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion. And as a buyer or seller, it’s easy to assume that means prices are coming down. But here’s the catch: those numbers don’t tell the full story. Nationally
![Still feeling "locked in"? Historically, this is the best week to buy a home. But with 84% of mortgages having rates sub-6%, it's still hard for many to make the move. [Realtor.com],Gemma Peterson](https://rdceconomics.wpengine.com/wp-content/uploads/2024/10/Outstanding-Mortgage-Rate-Data-2024Q2-1024x576.jpg)
Still feeling "locked in"? Historically, this is the best week to buy a home. But with 84% of mortgages having rates sub-6%, it's still hard for many to make the move. [Realtor.com]
84% of Outstanding Mortgage Debt has a Sub-6% Rate The best time to buy a home is here, offering buyers favorable conditions, including ample for-sale inventory, lower-than-peak prices, and more price reductions. Mortgage rates have reached their lowest level in roughly two years, making this fall e
Weekly Talking Points - Friday 27th September
National Real Estate News Price growth eases In July, the Case-Shiller national home price index rose just 0.2% month-over-month, while the similarly-constructed FHFA price index posted an even smaller 0.1% MoM increase. After 4 years and 47% cumulative home price growth, supply and demand is becomi
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