If home prices don’t cool, watch for Fed tightening and rising mortgage rates

Economists at Fannie Mae are again sounding warnings that rising rents and record home price appreciation could contribute to long-lasting inflation that leads to earlier, more aggressive tightening by the Federal Reserve. Continue reading

Fannie Mae has ‘meaningfully downgraded’ its forecast for 2021 home sales

As listing shortages and supply constraints on homebuilders drive up prices, risk of inflation grows, economists with Fannie Mae said. Continue reading

New, pending, existing: What you should know about today’s market

This week, Inman looked at what you should know about pending sales, new-home sales and existing-home sales. Here, Windermere Chief Economist Matthew Gardner dives into where the market stands on those metrics and more. Continue reading

The Inman Handbook on existing-home sales

Three leading economists share what existing-home sales reveal about the market and how to properly use statistics to make client decisions. Continue reading

Existing-home sales decline again as home prices grow to an all-time high

Continuing inventory woes have hampered existing-home sales for the third consecutive month, according to a National Association of Realtors’ market report released Friday. Continue reading

NAR: Housing market is ‘topping out’ due to inventory shortage

Lawrence Yun, chief economist for NAR, reports that the GDP is back to its pre-pandemic peak, consumers are ready to spend their stimulus checks and single-family housing starts are ramping up. Continue reading

Keller Williams, Realogy take top spots on T3 Sixty enterprise list

Realogy and Keller Williams led T3 Sixty’s list of the top real estate enterprises and franchise brands by sales volume, transaction sides and agent count. Continue reading

Median home-sale price reaches all-time high of $335,613

Although the market is currently red-hot, Redfin’s latest report released on Friday revealed that homebuyers may give up as home prices continue to grow. Continue reading