October 2022 Housing Report

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The U.S. Housing Market is going through a major shift now, following the rapid changes in market conditions that happened as a result of COVID-19. As our market continues to stabilize, here is a look at what...
September 2022 Housing Report

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The U.S. real estate market continues to slow as we move into fall, as rising consumer prices and higher mortgage interest rates squeeze homebuyer budgets and cool activity. With inflation showing little sign...
August 2022 Housing Report

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Summer 2022 has been a season of change for the U.S. real estate market. With housing affordability at a 33-year low, existing-home sales have continued to soften nationwide, falling 5.9% month-to-month and...
July 2022 Housing Report

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The U.S. housing market has continued to cool, as rising mortgage rates and record-high sales prices have stifled affordability, weakening demand and pricing out a multitude of buyers. Nationally, median...
June 2022 Market Report

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Rising inflation, soaring home prices, and increased mortgage interest rates have combined to cause a slowdown in the U.S. housing market. To help quell inflation, which reached 8.6% as of last measure in May,...
May 2022 Housing Report

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After two years of record-setting activity, there are signs the housing market might be cooling. High home prices and a surge in mortgage interest rates are slowing buyer activity, with home sales declining...
NAR Mid Year Meeting Recap

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A few weeks ago I had the great honor of representing my fellow St. Louis REALTORS at the National Association of REALTORS Mid-Year Legislative Conference as a Director.  Here is a summary of the great...
April Housing Report 2022

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The average 30-year fixed rate mortgage exceeded 5% in April, the highestlevel since 2011, according to Freddie Mac. The recent surge in mortgagerates has reduced the pool of eligible buyers and has caused...
March 2022 Housing Report

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Nationally, existing home sales recently dropped to a six-month low, falling 7.2% as buyers struggled to find a home amid rising prices and historic low inventory. Pending sales are also down, declining 4.1%...