Vacation Homes

Housing Beat: Mortgage Rates Creep Down, Inventory Expands And Who Wants A Vacation Home Anymore?

The U.S. housing market closed June with a decline in mortgage rates, a bump-up in pending home sales, a growing number of available properties for sale and an evaporating enthusiasm for vacation homes.

Housing Beat: Mortgage Rates Break 4% Barrier; New Peak For Median Home Sales Price; Vacation Homes Lose Appeal

Mortgage rates cracked the 4% threshold for the first time since May 2019, while a new survey recorded another record high for median sales prices on U.S. residential properties.