Pending home sales slid on a monthly and annual basis in January, despite improving market factors. However, several economists urged agents to stay calm, saying a sales boost will likely come this spring. Continue reading
Rising existing-home inventory is thwarting homebuilders, who are now slowing permits and starts — and backing off from hefty incentives. Continue reading
New data shows that pending sales were down in October. The West was especially hard hit, though one region eked out a strong performance. Continue reading
The latest numbers from the Case-Shiller Index show weak price growth in September. One expert even warned of “outright decline” in some markets. Continue reading
Favorable mortgage rates outweighed political uncertainty in October, according to the National Association of Realtors’ latest report. Existing-home sales increased 1.2 percent month over month and 1.7 percent year over year to a seasonally adjusted a… Continue reading
Favorable mortgage rates outweighed political uncertainty in October, according to the National Association of Realtors’ latest report. Existing-home sales increased 1.2 percent month over month and 1.7 percent year over year to a seasonally adjusted a… Continue reading
The National Association of Realtors’ monthly report showed that homebuyers are still a bit crippled by economic uncertainty, and recent mortgage rate drops have mostly only spurred refinance activity. Continue reading
Home price growth continued to slow in August as buyers expressed trepidation over the economy, despite a healthy supply of inventory and lower mortgage rates, the FHFA and S&P Dow Jones Indices reported. Continue reading
The housing market is moving deeper into a rut, according to the S&P Cotality Case-Shiller July index. National home prices grew at one of the slowest rates in a decade, only tallying a 1.7 percent year-over-year growth. The 20-City and 10-City Co… Continue reading
The Federal Reserve’s decision to make a series of historic short-term rate cuts at the height of the pandemic has proven to be a double-edged sword, with the sharpest point being the percentage of would-be homesellers locked into their homes by 2 perc… Continue reading