Wells Fargo says home sales aren't far off from levels seen in the wake of the Great Recession

Wells Fargo claims home sales are showing levels seen in the wake of the Great Recession

The U.S. housing market is experiencing a slowdown that has drawn comparisons to the period following the Great Recession, according to a recent analysis by Wells Fargo economists. However, unlike the Great Recession, today’s sluggish market is driven not by economic collapse but by persistent affordability challenges. Fortune reported on March 24, 2025, that Wells […]

Wells Fargo says home sales aren't far off from levels seen in the wake of the Great Recession

"The tepid pace of home sales can not be blamed on a recession," Wells Fargo economists wrote.

Why Isn't My House Selling in the Tri-Cities?

The three main reasons a home doesn't sell are: price, condition, and presentation/marketing. But other factors can slow down a sale, too, from the agent you hire to what's happening in the Tri-Cities real estate market and much more.

Wells Fargo says home sales aren’t far off from levels seen in the wake of the Great Recession

Home sales in the U.S. remain weak, with total sales in January reaching 4.7 million—only modestly above the levels seen in the aftermath of the Great

Weekly pending home sales finally exceed 2024

After a very disappointing first quarter with home sales failing to climb over 2024’s already anemic levels, signs are finally emerging in March that we’ve turned the corner to have some growth. This week’s pending home sales count came in at just under 69,000 single-family homes, which was 2.3% greater than the same week a year ago. That’s really the first week all year where home sales exceeded those of 2024.  Home sales aren’t strong, of cour…