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title
Housing Slowdown or Opportunity? What You Need to Know Now - NEO Home Loans
excerpt
content

 
 
 
 
 
 
 If you’ve been watching the housing market, you may be wondering: is this a slowdown—or is it actually a moment of opportunity? The headlines can feel confusing. On one hand, existing home sales are softening. On the other, new home sales are seeing a surge. Add in some economic uncertainty and a shifting job market, and it’s no wonder people are hesitant. Let’s unpack what’s really going on—and how you can move forward with clarity. Existing Home Sales: A Slight Dip and Rising Cancellations In April, existing home sales fell slightly—down 0.5% from March to an annualized pace of 4 million homes. That’s the slowest April since 2009. Economists had expected stronger numbers, but one key factor likely caused the dip: more deals are falling through. The cancellation rate rose to 7%, likely due to recent stock market volatility. Some buyers saw their savings...
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https://neohomeloans.com
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