About Michele Lerner The Washington Post

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So far Michele Lerner The Washington Post has created 6 blog entries.

Housing market slowdown takes hold as mortgage rates dig in

Reduced competition, fewer sales and even some price drops by sellers are all indications that buyers and homeowners are reacting to higher mortgage rates, high prices and high inflation. Three reports from Redfin real estate brokerage demonstrate the cool-down in the national housing market.May, traditionally one of the busiest months for home sales, saw a

By |2022-06-22T09:51:52-07:00June 22nd, 2022|Industry News|

Mortgage rates, home prices expected to stabilize, forecast says

The rapid rise in mortgage rates and inflation since the beginning of 2022 is roiling the housing market and the stock market. Fears of a recession and general uncertainty about the economy mean that economists are adapting their forecasts for the year to take into account these changes.Some changes are expected for the housing market

By |2022-06-14T09:52:09-07:00June 14th, 2022|Industry News|

Pandemic's vacation-home-buying frenzy beginning to fizzle

Michele Lerner, The Washington PostMay 4, 2022 Among the unexpected impacts of the coronavirus pandemic was the spike in demand for vacation homes. Consumers working remotely with steady incomes and savings opted to spend their cash on second homes since they could use them more often. Low mortgage rates and rapidly rising home equity that some

By |2022-05-04T09:53:31-07:00May 4th, 2022|Industry News|
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