JUSTTHENEWS (The Center Square Staff) - Foreign home buying drops to second-lowest level on record
International buyers purchased 67,100 properties, the second-lowest level since NAR began tracking foreign buyer activity in 2009.
AXIOS (Nathan Bomey) - Home sales plunge despite affordability improving
Existing home sales posted their largest monthly sales decline in four years despite increasing affordability. Why it matters: The slump in sales underscores a disconnect in the housing market: Buying conditions are improving on paper, but constrained supply and broader economic uncertainty may be weighing on demand. Driving the news: Existing home sales fell 8.4% from December to January, the National Association of Realtors reported Thursday. - Economists had expected a 4.6% monthly drop, according to WSJ data. - Sales were down 4.4% from a year earlier, hitting a seasonally adjusted annual rate of 3.91 million. Zoom in: The decline was most acute for single-family homes, where sales fell 9%. Regionally, the West was down 10.3%, the…