For these ‘stranded’ homeowners, no rate cut will coax them to list

Cheap rates on existing loans are holding well-off homeowners in place. But others insist they’re unable to buy at today’s high prices — whether rates come down or not, Intel survey data suggests. Continue reading

Economists no longer expect big drop in mortgage rates this year

Elevated rates chill the prospects of a 2025 sales rebound from the lowest level in 30 years, as many would-be homebuyers and sellers would stay on the sidelines. Continue reading

34% of homeowners say they’ll never sell their home: Redfin

Rising home prices and elevated mortgage rates are keeping would-be homesellers out of the market, according to Redfin’s latest consumer insights. Redfin partnered with Ipsos to survey 1,802 U.S. adults about their housing choices. Continue reading

Home prices hit new highs in 2024. These 2 factors could ease the pain 

Prices hit record highs in 2024, making affordability just as big a problem as it was on the eve of the 2007 housing bust. But this time, prices in most markets are expected to decelerate, not fall. Continue reading

Why millions of Americans WANT the housing market to crash

Some renters think a crash would help them buy a home. But a surprising number of homeowners also think a major downturn would be a good thing, LendingTree survey finds. Continue reading

Mobile home prices surge but remain an affordable alternative

The price of mobile homes has surged by approximately 58 percent between 2018 and 2023, outpacing the 37.66 percent growth in traditional single-family home prices. Continue reading

Housing costs force Americans earning less than $50K to sacrifice

Nearly three-quarters of U.S. residents earning less than $50,000 annually are struggling to keep up with monthly rent or mortgage payments, causing many to make dramatic sacrifices to stay afloat. Continue reading

Rising mortgage rates are taking their toll on homebuyer demand

MBA lender survey shows demand for purchase loans is still slightly stronger than it was a year ago, when rates were soaring toward post-pandemic highs. Continue reading

Median down payment slides $2,400 as affordability improves

Moderating mortgage rates and lessening buyer competition have pushed the U.S. median down payment down 7.33 percent over the past year, according to Realtor.com. Continue reading

Forget mega-teams. Half of all teams have 6 or fewer members

California-based proptech leader RealScout has partnered with T3Sixty and Tom Ferry to release its inaugural Teams Report, which dives into the intricacies of developing a successful team and the unique challenges surrounding technology, marketing, lea… Continue reading