U.S. home sales plummeted year-over-year last month, declining as well on a monthly basis in an ongoing indication of the cooling housing market amid rising interest rates.
Fears of an impending recession once again escalated Friday after Federal Reserve Chair Jerome Powell warned economic growth will suffer as the central bank works to ease decades-high inflation
Mortgage rates have reached their highest levels in nearly 15 years, a factor that's contributing to a continued cooling of a housing market that's been white-hot for over two years.
After three successful home sales, Daniel Edwin and his wife were getting ready to sell again, but this time, the Atlanta couple knew they didn’t want to go the traditional route.
Red-hot demand for houses sounds like great news for homebuilders. But builders aren’t as thrilled as you might expect, and one builder is actually turning down orders.
