A big increase in the median price of closed single-family home sales reflected a tight inventory picture as the summer wound down. But forward-looking indicators suggest a softening market lies ahead.
Citing tighter financial conditions, less business investment and a slowdown in global growth, the Mortgage Bankers Association has forecast a recession for the first half of 2023.
A year-and-a-half-long rental relief program is likely coming to an end soon, state officials announced last month, after the U.S. Treasury left New Hampshire out of the latest round of funding.
It’s that time of year when everyone makes bold predictions about what lies ahead in 2023. But I have my own theory. Yes, prices are coming down, but that doesn’t mean sellers are losing out.read more
The overall vacancy rate in New Hampshire’s industrial and office real estate markets stayed flat in the third quarter despite the headwinds both sectors have begun to face in other markets.read more
Selling a property fully furnished is fairly common in vacation-home markets, where a house without furnishings can become a chore for buyers rather than an immediate retreat. But it’s probably not a smart decision most anywhere else.read more
South Carolina-based Movement Mortgage plans to acquire Massachusetts-based Mortgage Network Inc. in a deal that Movement Mortgage said would expand its East Coast market share.read more
Speaking at a National Association of Realtors conference in Florida this month, association Chief Economist Lawrence Yun says American home prices aren’t likely to drop by significant amounts despite the big drops in demand.read more