The WPJ

New Orleans

Lowest Priced Homes Attracting the Strongest Competition

New Zillow research this week is showing that a s home-buying demand cools from the record pace of 2021, competition is now hottest for the lowest-priced homes as mounting affordability obstacles stretch buyers' budgets.

Home Builder Confidence Continues to Crater in U.S.

U.S. homebuilder confidence fell for the eighth straight month in August 2022, as elevated interest rates, ongoing supply chain problems and high home prices continue to exacerbate housing affordability challenges.

Commercial Mortgage Lending in U.S. Slows in Q2

Based on new research from CBRE, the pace of commercial real estate lending activity eased in the second quarter of 2022 amid heightened market volatility from rising inflation and interest rates.

Growing Share of U.S. Listings Going Stale As Multiple Housing Markets Cool

According to national property broker Redfin, the share of U.S. homes that were listed for 30 days or longer without going under contract increased 12.5% in July 2022 from a year earlier.

New Orleans Property News












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