Schedule Details:
Length | 63 Hours (Over 2 Weeks)
Delivery | Remote Live-Stream Webinar (Zoom)
Location | In-Home (Personal Computer)
Dates | Jan 13 - Jan 24, 2024
Times | 9am - 2pm EST
Frequency | Monday - Friday (Weekdays)
13% Decline in Pending-Home Sales Amid High Mortgage Rates: A Redfin Report
The housing market is currently grappling with a significant decline in pending-home sales due to the surge in mortgage rates and home prices. A recent report from Redfin reveals a 13% drop in pending-home sales compared to the previous year, underscoring the hurdles faced by potential homebuyers. The affordability crisis in the housing market continues to escalate as mortgage rates and home prices hit record highs. The combination of these factors has led to an unprecedented increase in monthly housing payments, making it increasingly challenging for prospective homebuyers to enter the market.