Affordability continues to drive homebuyer migration
With interest rates pushing up mortgage payments, buyers are looking for more affordable housing options — and will relocate to find them.
October 17, 2022
Dave Gallagher
Director, News Reporting
Dave's journalism career spans 24 years covering business, the economy and real estate in Northwest Washington. He's also a numbers nerd, examining data to spot emerging trends in industries. Having started his career as a sports writer, he's a lifelong baseball and soccer fan and recently discovered pickleball. He grew up in Yosemite National Park and earned his journalism degree at Humboldt State University in northern California.
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- Tim Dain returns to MLS arena, sees positive changes aheadDain took the reins of NorthstarMLS in September, overseeing an organization that works with more than 22,600 agents and brokers across two Midwest states.October 17, 2022
- Low inventory may continue to plague buyersThe housing slowdown, while offering modest relief for buyers, is being offset by high interest rates that are keeping prospective sellers out of the market.October 17, 2022
- Annual home prices are still rising — slowlyCoreLogic predicts prices will continue to increase year-over-year, but growth will slow considerably in the coming months.October 17, 2022
- New tech, more collaboration are the future of MLSsGreater cooperation between MLSs — regionally and across the country — will benefit both the organizations and their members, according to industry experts.October 17, 2022
