Articles about Real Estate

The latest data from the National Association of Realtors (NAR) reveals that homebuyers are backing out of deals at an alarming rate, with the number of contract cancellations reaching its highest point since 2014. The NAR reported that 44% of homebuyers in December canceled their contracts, up from...

The US housing market has been experiencing a significant shift in recent months, with mortgage rates continuing to rise amid economic uncertainty. As of today, the average 30-year fixed mortgage rate stands at 7.04%, up from 3.92% in January 2022. This sharp increase has left many homebuyers and re...