Homes listed during the final weeks of April are 18 percent more likely to sell above their original asking price than the yearly average — the highest likelihood of any week in the year — according to a Redfin and Home Economics analysis. Continue reading
The future of real estate should be about elevating professionals who combine expertise, experience and technology to deliver a higher level of service, Lori Muller writes. Continue reading
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
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
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
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
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
Although $200 billion sounds like a lot of money, the impact and longevity of Fannie and Freddie’s bond purchases on mortgage rates won’t be as big as the Federal Reserve’s. Continue reading
Economist Doug Duncan weighs in on the challenges facing economic forecasters today, cutbacks in economic reports produced by Fannie and Freddie, Fed independence, and more. Continue reading
Prices, mortgages, inventory and more. While we wrote about a lot this year, from social media to murder mysteries, these are the 10 words that came up again and again. Continue reading