How to Navigate the Spring 2023 Housing Market | Your Money Briefing | WSJ

Buying Real Estate
With interest rates trending higher and housing inventory stubbornly low, the spring housing market is off to a slow start.

On the second installment of the WSJ’s special series “Under Contract: Your Guide to Home Buying,” Zillow senior economist Orphe Divounguy tells host J.R. Whalen how those factors have reshuffled the balance of power between buyers and sellers. New episodes of the series drop every Friday in April.

0:00 Have we seen falling mortgage rates coupled with falling housing prices before?
1:44 What causes changes in mortgage rates?
3:32 Do buyers or sellers have the upper hand right now?
4:35 Differences in prices between different cities and regions in the U.S.
7:29 How the real estate divide in the U.S. is impacting the housing market
8:41 Fed Chair Jerome Powell on low housing inventory in the U.S.
10:05 Where else are we seeing inflation that home buyers should keep track of?

#Housing #Homebuying #WSJ

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