Tag: october 2022

Roughly one-third of U.S. home purchases were paid for with all cash in October

This was up from a cancellation rate of 9 percent just one year ago

According to NAR, the West index slipped by 11.3 percent month-over-month—the largest decline across the U.S.

The median sales price of new houses sold nationally in October 2022 was $493,000

As of Oct. 31, 350,000 homeowners were in forbearance plans—up for the first time in 29 months

The inventory of unsold existing homes slipped for the third consecutive month to 1.22 million, or the equivalent of 3.3 ...

The region’s median sale price fell to $773,810 in October

October’s statewide median home price was $801,190 down 2.5 percent from September

Compared to September 2022, applications decreased by 13 percent

Zillow found that the typical U.S. home value was nearly flat from September to October