A housing development in Pineville, N.C. Photo: Angela Owens/WSJ The inventory of homes for sale is finally rising. Buyers aren’t interested. The U.S. housing market had nearly a half million more sellers than buyers in April, the biggest such gap on record in seasonally adjusted data going back to 2013, according to an analysis by real-estate brokerage Redfin. […]
What many had hoped would be a rosy spring home-buying season has turned into a thorny challenge for home shoppers already demoralized by a challenging market. Home sale activity was stagnant last month as mortgage rates and home prices maintained an upward trajectory. One silver lining is that more resale inventory entered the market, which […]
GETTY When we come across a market overflowing with two years’ worth of inventory supply, we’re sure of one thing: Real estate prices have hit their lowest. As supply increases across major cities in America, buyers can afford to patiently scout for the right investment opportunities. Gone are the days of fighting over a limited […]
First-time homebuyer Rachael Waldburger started her search for a house in March with the hope she and her husband would quickly find a property that met their goals. Nothing fancy, just a home in good shape with three bedrooms and a couple of acres of land, the Wisconsin middle-school teacher said. While the couple eventually […]
