The inventory shortage, high prices and rising interest rates have finally bitten. Single-family home sales fell sharply by 16.6% in April to a seasonally adjusted annualized rate of 591,000, according to Census Bureau data released Tuesday. That was the slowest rate of sales since April 2020 during the earliest days […]
Buyers
Buyers’ home building contract canceled, listed for $50,000 more
Hanna James contracted a year ago for a new house, but in January a week before closing the builder tore up her contract and has since increased the price 25%. FAIRBURN, Ga. — A public school teacher in metro Atlanta said Wednesday that she learned a tough lesson and has […]