New Home Market Update
The housing market in November was notably cool as seasonality, holiday distractions, and higher housing costs kept buyers at bay. These factors, plus a lack of urgency and buyer hesitancy, caused many home builders to continue offering incentives and, in many cases, lower home prices. The rollercoaster that is today’s housing market is facing another surprise turn though, as mortgage rates enter December lower than November. The impact is still to be determined. Media outlets have turned to Zonda for housing market data and expertise as all eyes are on mortgage rates and home prices. Read the latest housing market news from Zonda’s experts to learn more.
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