Yes, home prices are correcting as higher mortgage interest rates clamp down on demand. But it's not erasing Utah's housing shortage — and that means Utah's housing affordability crisis isn't going anywhere.
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Sharp price increases projected for home heating costs this winterAcross the U.S., families are looking to the winter with dread as energy costs soar and fuel supplies tighten.
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Home Buyers Having Easier Time Bidding as Soaring Interest Rates Price More Out of Market“Now we're seeing our buyers, you know, get their offers accepted, they don't have to compete with 20 other people and all-cash offers,” a San Diego realtor said.
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California home prices now 8.7% below May’s peakCalifornia’s median single-family home price fell to $821,680 in September, off 2.1% in the month.
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Home sales take biggest dip since start of pandemicThe housing market is expected to decline continually amid elevated interest rates as the Fed raises rates to combat inflation.
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Suhail, Soraya become first pair to get home in Middle East, QatarQatar becomes the first Middle Eastern country to receive Chinese giant pandas - Suhail and Soraya - who, in true Gulf fashion, took up residence in luxury air-conditioned quarters
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