Most real estate professionals believe rate cuts by the Fed will be crucial for a sales recovery, according to results from the Inman Intel Index survey. But the timing on those cuts is hazy. Continue reading
The historically low level of inventory for sale suggests that any rate-related increase in sales will be muted due to the inadequacy of listings needed to fulfill higher buyer demand. This softer sales response also suggests more upward pressure on pr… Continue reading
Amid widespread annual home price growth, 89 percent of all metro areas saw double-digit price gains, according to the National Association of Realtor’s First Quarter Metro Home Prices report. Continue reading
Redfin Chief Economist Daryl Fairweather shares what real estate trends she expects over the next year and beyond. Continue reading
Average 30-year fixed-rate mortgages declined by 22 basis points from 4.28 percent to 4.06 percent, resulting in the biggest single-week decline in rates since 2008, according to Freddie Mac’s latest Primary Mortgage Survey released on Thursday. Continue reading
Mortgage rates continued along their downward trend to end the year, according to the latest data from Freddie Mac, released Thursday. Continue reading