If you’re worried about the price of, say, your Floridian beachfront property sliding, be thankful it’s not in China.
The investment was announced in a blog post by Marc Andreessen, co-founder and general partner at the venture capital firm.
As soon as mortgage rates rose this spring, the housing market slipped into a housing cool down. The housing correction could soon lose some steam.
Homebuyers, are now confronting an increasingly unaffordable housing market that’s been plagued by shortages.
Sellers, once in the driver’s seat fielding bidding wars, are reducing their asking prices, while more homebuyers are backing out of deals.
JPMorgan Chase is slashing jobs in its home-lending division as rising mortgage rates and inflation drive a slowdown in the housing market.
US house prices are likely to fall as mortgage rates exceeding 6% crimp affordability for the average buyer, according to Capital Economics.
