Home values have surged at 2X the normal rate since pandemic

Since 2020, U.S. home values have risen by 45.3 percent. In other words, more than 10 years of typical home value growth has been packed into a five-year period, a new report from Zillow shows. Continue reading

Mortgage rates seen as staying higher for longer as Fed pauses

Economists and bond market investors have been surprised by the continued strength of the economy, and are wary of the potential for tariffs, tax cuts and deportations to reignite inflation. Continue reading

Median price up in 49% of Opportunity Zones: ATTOM

ATTOM released its 2024 report on sales activity in Opportunity Zones around the country, finding it tracks closely to typical markets. Continue reading

Housing market challenges aren’t over yet, Barbara Corcoran warns

Mortgage rates have inched downward, with the 30-year fixed rate falling down “by a fraction of a point to 6.96 percent,” Corcoran said, representing the lowest rate in six weeks. The 15-fixed loan rate was 6.21 percent as of Thursday. However, Corcora… Continue reading

Vacant, foreign-owned homes draw criticism in LA post-wildfires

Wildfire victims and other residents are wondering what good vacant properties owned by individuals who live thousands of miles away serve while so many struggle to find temporary and permanent housing. Continue reading

Realtor.com moves headquarters from Santa Clara to Austin, Texas

Six years after opening an office in Austin, Realtor.com is making the space its new headquarters. The company said it has more than 400 employees in Texas and now plans to add “hundreds more.” Continue reading

Potential Trump grants freeze undermines the American dream

The potential economic and market impacts of federal job layoffs and a pending grants freeze could last for generations, Rachael Hite writes. Continue reading

Typical days on market reaches slowest pace in 5 years: Redfin

Persistent market headwinds resulted in a slow beginning to the year, according to Redfin. The typical days on market reached 54 days this month — the slowest pace since 2020. Continue reading

Home prices hit record high in November despite cooling demand

In November, the Federal Housing Finance Agency and the CoreLogic Case-Shiller Indexes recorded annual gains of 4.2 percent and 3.8 percent, respectively, according to new data released Tuesday. Continue reading

Economists no longer expect big drop in mortgage rates this year

Elevated rates chill the prospects of a 2025 sales rebound from the lowest level in 30 years, as many would-be homebuyers and sellers would stay on the sidelines. Continue reading