Home inventory rose at record pace in July, despite fewer new listings

The long-awaited recovery in home inventory is in full swing. It’s not being driven by a rise in new listings but by the ongoing slowdown in demand from buyers, according to Realtor.com Continue reading

Wrong predictions, rate jumps and what’s (maybe) still to come

In as much as economists expected rates to rise this year, nobody anticipated how fast they would rise. So what went wrong? Matthew Gardener, chief economist for Windermere Real Estate, lays out what happened and what’s next. Continue reading

Buyers are still fighting hard, despite costly home payments

The monthly payment on a typical home is 50 percent pricier than it would have been a year ago, yet competition remains fierce. Continue reading

First rule of housing bubbles? Don’t talk about them, economist warns

Zillow Senior Economist Jeff Tucker is skeptical that a housing bubble is looming, but he worries such talk could hurt future buyers in need of homebuilders to continue producing new inventory. Continue reading

Mortgage rates surge to 5% as era of the ultra-cheap loan begins to fade

After hovering near 3 percent for nearly two years, mortgage rates have rebounded faster than expected. But amid uncertainty, economists are divided on whether 5 percent rates are here to stay. Continue reading

What does the stock market tumble mean for real estate?

The Dow Jones dropped more than 800 points on Wednesday, the third biggest point drop of the year and the biggest drop since February. As investors sell-off stock and the benchmark yield rises, what does it mean for the real estate industry? Well for o… Continue reading