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Nibin Varghese

Housing Market Update: Home Prices Post Small Increase as Mortgage-Rate Drop Attracts Buyers

January 23, 2023 by Nibin Varghese

An increase in home searches and tours at the end of 2022 is starting to translate into purchases as mortgage rates fall. Mortgage applications are up 25% and the slowdown in pending sales is easing.   The median U.S. home-sale price increased 0.9% from a year earlier to $350,250 during the four weeks ending January 15, […]

Filed Under: Blog

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