Tag Archives: home prices

Rent growth catching up to home price increases in major cities

By | | Uncategorized
Comments Off on Rent growth catching up to home price increases in major cities

In 2021, East Coast rents made steady gains while West Coast rents remained stilted — until recently, a new report released Tuesday from Zumper reveals. Continue reading →

Wealth, taxes and politics: The Las Vegas housing market’s wild ride

By | | Uncategorized
Comments Off on Wealth, taxes and politics: The Las Vegas housing market’s wild ride

Home values in the gambler’s paradise recently eclipsed records from the 2006 housing bubble. As Inman Connect Las Vegas kicks into gear, agents describe a remarkable run. Continue reading →

Homebuyer demand sags as mortgage rates continue to rise

By | | Uncategorized
Comments Off on Homebuyer demand sags as mortgage rates continue to rise

With the Federal Reserve expected to begin tapering its purchases of mortgage-backed securities as soon as November, market forces are pushing mortgage rates higher.  Continue reading →

Outlook improves for home sales through end of 2021, beyond: Zillow

By | | Uncategorized
Comments Off on Outlook improves for home sales through end of 2021, beyond: Zillow

Strong numbers of pending home sales and applications for purchase loans have pushed up sales forecasts through the end of the year. Continue reading →

Home sales predicted to close out 2021 with surprising strength

By | | Uncategorized
Comments Off on Home sales predicted to close out 2021 with surprising strength

Fannie Mae economists now expect that when the final numbers are in, sales of new and existing homes will grow by 4.7 percent to 6.8 million. Continue reading →

As list prices continue to soar, not all homebuyers are willing to play ball

By | | Uncategorized
Comments Off on As list prices continue to soar, not all homebuyers are willing to play ball

Homesellers have been pushing list prices to new heights, but a report released Thursday by OJO Labs indicates buyers aren’t as eager to shell out for the pricier pads. Continue reading →

Mortgage rate projected to top 4% in 2022 as Fed tapering plan nears

By | | Uncategorized
Comments Off on Mortgage rate projected to top 4% in 2022 as Fed tapering plan nears

The Fed could begin tapering as soon as November, adding momentum to market forces that have been pushing mortgage rates up in recent weeks. Continue reading →

‘OK Boomer’: Older homebuyers make gains as millennials struggle

By | | Uncategorized
Comments Off on ‘OK Boomer’: Older homebuyers make gains as millennials struggle

Baby boomers made gains over first-time homebuyers in the decade before the pandemic, growing to 24 percent of recent home purchases in 2019, according to a new analysis from Zillow. Continue reading →

Mortgage rates for home loans hit highest levels since June

By | | Uncategorized
Comments Off on Mortgage rates for home loans hit highest levels since June

Purchase loan applications rose 2 percent week over week, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey, released Wednesday. Continue reading →

As Tesla sets its sights on Austin, listing agents near plant shift gears

By | | Uncategorized
Comments Off on As Tesla sets its sights on Austin, listing agents near plant shift gears

With news of Tesla bringing its headquarters to Austin and a factory nearing its opening, agents are advising sellers nearby to think big. Continue reading →