Fannie Mae

Economists at Fannie Mae have dramatically downgraded their home sales forecasts for this year and next, saying they expect a “modest recession” in the second half of next year in the face of Fed tightening and the war in Ukraine. Home sales are now expected to decline by 7.4% this year and 9.7% … [Read more...] about Higher Interest Rates Having an Impact on Sales and Appreciation of Homes