Attention Economy


Thursday, September 22, 2022

US Housing Market Dynamics – Sellers Trapped in Place

Housing Paralysis Engulfs US Buyers With Prices Starting to Fall
https://www.bloomberg.com/news/articles/2022-09-22/will-home-prices-fall-higher-mortgage-rates-are-freezing-out-us-buyers
 
After Years of Low Mortgage Rates, Home Sellers Are Scarce
https://www.wsj.com/articles/after-years-of-low-mortgage-rates-home-sellers-are-scarce-11663810759
Homeowners wearing the ‘golden handcuffs’ of low mortgage costs are reluctant to sell their homes now that rates are much higher
 
US Mortgage Rates Jump to 6.29%, Highest Since October 2008
https://www.bloomberg.com/news/articles/2022-09-22/mortgage-rates-in-us-jump-to-6-29-highest-since-october-2008