In an interview with CNBC on Wednesday, Redfin CEO Glenn Kelman laid out some of the variables that might begin to unlock home inventory in the years to come, including adjustable rate resets. Continue reading
The National Association of Realtors recorded 408,000 sales of existing homes in May. Before the pandemic, that number was closer to 530,000. Continue reading
The market may be slowing in some areas, but it will not come to a complete halt. Eric Forney of Livian shares this week’s market insights and says that life events will keep consumers buying Continue reading
A new report from the Fed suggests it was spiking demand, not a lack of homes for sale, that sent prices skyrocketing over the past two years. Continue reading
More than 100 housing experts surveyed by Zillow generally agreed that housing prices won’t face a big downturn. But a mild recession may be in play later this year or in 2023, they believe. Continue reading
After hovering near 3 percent for nearly two years, mortgage rates have rebounded faster than expected. But amid uncertainty, economists are divided on whether 5 percent rates are here to stay. Continue reading
John Burns Real Estate Consulting’s new Resale Housing Market Index report reveals how buyers are struggling to beat investors in a frenzied market. Continue reading
Today’s crazy market conditions are forcing agents to have sometimes-challenging conversations about what a bubble is and what might happen in a correction. Continue reading
Vaccinations and stimulus measures are fueling optimism for an epic economic rebound, and there are other factors at play. Here is a look at how the housing market has fared over the past year and what to expect. Continue reading