Tag Archives: Northeast

The Midwest did not experience the same price surges other areas of the country have experienced since the beginning of the pandemic.

"The housing sector continues to undergo an adjustment due to the continuous rise in interest rates" said Lawrence Yun, Chief Economist of NAR. "Expensive regions of the country are especially feeling the pinch and seeing larger declines in sales."

Data indicates that Northeastern and Southern U.S. property tax delinquency is well above the national delinquency rate of 8.4 percent.