‘For sale by owner’ homes hit 40-year low. Is it even worth the effort?

Most homeowners who forego an agent are selling to someone they know, leaving a small group that fends for themselves on the open market, several new reports reveal. Continue reading

Mortgage rates dip as Omicron variant triggers market volatility

Thirty-year mortgage rates fell to 3.05 percent, down 7 basis points from the week prior, according to Freddie Mac’s most recent lender survey released Thursday. Continue reading

Douglas Elliman tells some workers to stay home amid Omicron wave

Agents can still report to the office, but Douglas Elliman has told New York administrative staff to work from home while new variant surges. Continue reading

With money from chores (and help from dad), 6-year-old buys house

As a lesson in property investment, a father taught his 6-year-old daughter and her 2 siblings how to build a property portfolio — and they ended up with a brand new home. Continue reading

For years, homeowners were staying put. Is that trend about to change?

Americans used to spend less time in their homes before selling. Then came the housing crash of 2008. But according to a pair of new surveys, the pandemic may be reversing that change. Continue reading

Before the Fed sped up tapering, mortgage rates saw little change

With mortgages likely getting more expensive for borrowers down the road, the rates for 30-year loans have been holding steady for weeks. Continue reading

‘It’s a hopeful sign’: Builders forge ahead on new home starts

Builders kicked off construction on 129,400 new housing units in November — a half-percent increase on a month when starts typically decline, according to the U.S. Census Bureau. Continue reading

Zillow listings now link buyers with down-payment assistance info

The Seattle-based home portal has added a new listing feature that connects a buyer with details about down-payment programs in their area. Continue reading

DOJ, home prices and equality: Brad Inman talks real estate’s future

Inman reporters Marian McPherson, Andrea Brambila and Jim Dalrymple discuss coverage of the biggest stories in real estate — and how those stories might chart the industry’s path. Continue reading