Existing-home sales struggled to break out of a winter slump, according to a National Association of Realtors report published on Thursday. The sale of existing single-family homes, townhomes, condominiums and co-ops declined 1.7 percent year-over-year… Continue reading
Loan applications for new-home purchases were up 19 percent from a year ago in January, according to an MBA survey of builders that’s been an accurate predictor of trends. Continue reading
The steepest part of the home-transaction downturn appears to be over. Is this where business turns around? Intel dives into the data. Continue reading
Fannie Mae economists no longer expect a recession and are considerably more optimistic that mortgage rates have additional room to come down below 6 percent. Continue reading
Sales of existing single-family homes edged up 0.8 percent between October and November, and more gains are expected as interest rates settle. Continue reading
Existing sales fell 4.1 percent in October to an annual rate of 3.79 million, the lowest since 2010, according to data from NAR. Nonetheless, multiple offers are still happening, economist Lawrence Yun said. Continue reading
First-time buyers are less likely than homeowners to be holding out for lower mortgage rates. But they hold a host of other priorities and concerns, according to an Intel analysis of buyer behavior. Continue reading
Home sales fell 2 percent between August and September and retreated 15.4 percent from a year ago as prices and interest rates climbed. Continue reading
Homebuyers are backing away from the market as mortgage rates continue to climb. But new listings aren’t declining as quickly, Redfin reports. Continue reading
Maegan Sherlock, senior research analyst for John Burns, spoke with Intel about the results of the firm’s latest household sentiment survey: “I was hoping to see a new ‘magic’ mortgage rate.” Continue reading