Wells Fargo says home sales aren’t far off from levels seen in the wake of the Great Recession
In January, total home sales came in at 4.7 million. That level is “only modestly above the weak rate experienced in the wake ...
When Will Mortgage Rates Drop? Not for Years, Wells Fargo Says
Key Takeaways Mortgage rates are likely to stay above 6% through 2026, according to a Wells Fargo report that showed continued pressure on affordability across the housing market.Home borrowing costs ...
Daily Mail6d
Wells Fargo warns worrying housing market indicator is at level not seen since the Great Recession
Wells Fargo says home sales have slowed to levels last seen in the aftermath of the Great Recession. Unlike 2008, the broader economy remains strong — home prices aren't crashing, and ...
Seeking Alpha16d
Homebuilder sentiment retreats more in March amid uncertainty over costs
The March NAHB/Wells Fargo ... cut home prices in March, up from 26% in February. Meanwhile, the average price reduction was 5% in March, the same rate as the previous month. The use of sales ...
Yahoo Finance9d
Wells Fargo says home sales aren’t far off from levels seen in the wake of the Great Recession
Home sales are barely above the pace experienced in the years that followed the housing crash. This time around, it’s because would-be buyers can’t afford the one-two punch of high home prices ...