Existing-home sales rose 9.5% amid winter inventory boost

Existing-home sales were on the upswing in February, according to a National Association of Realtors report published on Thursday. The sale of existing single-family homes, townhomes, condominiums and co-ops declined 3.3 percent year-over-year from 4.5… Continue reading

January existing sales offer mixed signals about market’s future

Existing-home sales struggled to break out of a winter slump, according to a National Association of Realtors report published on Thursday. The sale of existing single-family homes, townhomes, condominiums and co-ops declined 1.7 percent year-over-year… Continue reading

New-home sales off to a roaring start with record January bump

Loan applications for new-home purchases were up 19 percent from a year ago in January, according to an MBA survey of builders that’s been an accurate predictor of trends. Continue reading

Are US home-sale revenues finally bottoming out? Intel examines

The steepest part of the home-transaction downturn appears to be over. Is this where business turns around? Intel dives into the data. Continue reading

Falling mortgage rates should boost home sales: Fannie Mae

Fannie Mae economists no longer expect a recession and are considerably more optimistic that mortgage rates have additional room to come down below 6 percent. Continue reading

Existing-home sales fall to 13-year low despite strong buyer demand

Existing sales fell 4.1 percent in October to an annual rate of 3.79 million, the lowest since 2010, according to data from NAR. Nonetheless, multiple offers are still happening, economist Lawrence Yun said. Continue reading

Young homebuyers could lead the recovery. So what do they want?

First-time buyers are less likely than homeowners to be holding out for lower mortgage rates. But they hold a host of other priorities and concerns, according to an Intel analysis of buyer behavior. Continue reading

Existing-home sales droop as mortgage rates hit 20-year highs

Home sales fell 2 percent between August and September and retreated 15.4 percent from a year ago as prices and interest rates climbed. Continue reading

Buyers continue downward spiral, but new listings may be steadying

Homebuyers are backing away from the market as mortgage rates continue to climb. But new listings aren’t declining as quickly, Redfin reports. Continue reading