Nearly 1 in 13 homeshoppers are also browsing rentals, Zillow finds

About 8 percent of homeshoppers on Zillow are also browsing rentals, according to a new analysis, as the monthly cost of owning continues to outpace renting in most U.S. markets. Continue reading

Existing-home sales fell 3.6% in March as buyer confidence erodes

Sales dropped in every region of the country in March, yet the median existing-home price climbed to a record high for the month — the 33rd consecutive month of year-over-year price gains, according to NAR’s latest existing-home sales report. Continue reading

America’s debt problem could keep mortgage rates high

The next obstacle to affordable housing may not be inflation or the Federal Reserve — it could be Washington’s $38 trillion debt burden, experts say. Continue reading

‘Carl’s a mess’ trend shows how conversation outperforms content

A viral reality TV moment, new LinkedIn data and Facebook engagement insights all show how conversation is driving reach more than content alone. Continue reading

March CPI jumps 0.9% as gas prices surge on Iran conflict

The Consumer Price Index rose 0.9 percent in March, its largest monthly gain since June 2022, as a 21.2 percent surge in gasoline prices — the biggest single-month increase in the index’s history — accounted for nearly three-quarters of the monthly inc… Continue reading

Record share of February homesellers cut list prices

More than one-third of February homesellers cut their list price last month, reaching a record high for the month as buyers gained leverage in a market shaped by high mortgage rates, elevated prices and economic uncertainty, according to a Redfin analy… Continue reading

Iran war, high rates chill pending home sales

The Iran war sent mortgage rates surging and homebuyers retreating in the four weeks ending April 5, with pending home sales falling 2.4 percent year over year — the biggest decline in three months. Continue reading

Opendoor acquires part of Doma to cut refinance closing costs

The deal pairs Opendoor’s closing infrastructure with Doma’s AI title automation, including a Fannie Mae pilot program, extended through 2027, that has eliminated title insurance requirements for about 80 percent of eligible refinance transactions. Continue reading

Douglas Elliman taps Areeje Akhtar Oriol as chief of staff to CEO

Oriol brings more than 15 years of experience in luxury brand strategy and brokerage platform development to the role. Continue reading

Rates, jobs data and stale listings cloud housing market outlook

Mortgage rates are poised for another turbulent week as markets brace for the first inflation reading since the Iran War began, with headline CPI expected to jump to 3.4 percent, up from 2.4 percent in February. Continue reading