Pending sales increase 3rd-straight month as prices cool: NAR

“Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months,” said NAR’s Lawrence Yun. Continue reading

Typical home down payment falls to 2-year low as concessions return

The typical down payment for a homebuyer in the United States fell 10 percent between January 2022 and 2023, to $42,375, according to new data released Wednesday by Redfin. Continue reading

Typical home down payment falls to 2-year low as concessions return

The typical down payment for a homebuyer in the United States fell 10 percent between January 2022 and 2023, to $42,375, according to new data released Wednesday by Redfin. Continue reading

Two key charts to make sense of the crazy US housing market

Media headlines focusing on a pending US housing market crash are based on limited data that’s skewed by the outsized 2021 numbers. Mike DelPrete offers two charts to help you consistently refocus on market realities. Continue reading

New home sales soar by double digits

After increasing by a modest 0.4 percent in October, new home sales saw a 12.4 percent increase in November, according to the U.S. Census Bureau and Department of Housing and Urban Development. Continue reading

The Inman Handbook on existing-home sales

Three leading economists share what existing-home sales reveal about the market and how to properly use statistics to make client decisions. Continue reading

Making sense of the headlines: Why is there a housing shortage?

Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner discusses the housing shortage and what drives the price for new homes up. Continue reading

Making sense of the headlines: What will happen with interest rates?

Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner talks through the 30-year mortgage and how rates will move the rest of this year. Continue reading

Making sense of the headlines: Is the jumbo mortgage market collapsing?

Looking for a little clarity on this week’s economic and housing news? Windermere Chief Economist Matthew Gardner talks through the volatility of the jumbo mortgage market and what it means. Continue reading

Making sense of the headlines: How will the housing market fare?

Looking for a little clarity on this week’s economic and housing news? Windermere Chief Economist Matthew Gardner shares why the housing market is poised for a healthy rebound. Continue reading