Mortgage rates have dipped below 6%. Here’s where it may unlock more transactions

The drop to 5.99 percent on 30-year fixed-rate mortgages in the wake of shifting tariff policies could unlock transactions in select markets in the Midwest and South, according to an analysis from Realtor.com. Continue reading

The heyday of the cash homebuyer seems to be over (at least for now)

As mortgage rates remain lower and buyers continue to have the upper hand in most markets across the U.S., many are opting out of paying for homes in cash. Continue reading

First Federal grows mortgage biz with NOLA Lending acquisition

The Florida-based thrift expands its retail mortgage operations into Louisiana and Mississippi, and will keep most of NOLA Lending Group’s employees and brand identity. Continue reading

Homebuyers froze deals at a record rate in August: Redfin

Homebuyers are freezing their purchasing plans at increasingly higher rates, according to Redfin’s latest market report. Fifteen percent of contracts, or 56,000, were canceled in August, the highest level since Redfin began tracking the metric in 2017. Continue reading

Zillow released its price forecast for hundreds of US markets. What will happen near you?

The real estate portal giant expects a chill on prices to spread through markets across the country over the next year, with pockets of strong price growth in the red-hot Midwest and Northeast. Continue reading

$1B Florida brokerage and former NFL prospect join Christie’s International Real Estate

First Coast, founded by Corey Hasting in 2018, brings around 130 agents from Engel & Völkers to the luxury brand operating across the Jacksonville, Florida, metro area. Continue reading

How the growing buyer power shift is reshaping the real estate market

The week on The Download: After years of frustration, homebuyers are finally back in the driver’s seat in many markets. Continue reading

Buyer’s market now in doubt as new listings tank 7.3%

Zillow’s latest market report revealed a burgeoning seller retreat in August, as new listings dropped 7.3 percent in one month. However, there are still plenty of opportunities for buyers to make a deal, especially in the South. Continue reading

Here are the markets where homebuyers have the upper hand

Realtor.com’s August market report revealed the emergence of a balanced market, with pockets of dominance for buyers in the Southeast and West. However, economic headwinds are suppressing sales, with contract signings and delistings rising annually dur… Continue reading

South Florida luxury prices defy gravity while overall market dips

Luxury prices in the region have continued to rise, as have sales in select hot markets, while the market at large is simultaneously seeing a contraction in prices. Continue reading