Slight pickup in homebuyer loan demand may prove short-lived

Applications for purchase mortgages were up 2 percent last week when compared to the week before but down 1 percent from a year ago, according to a weekly survey by the Mortgage Bankers Association. Continue reading

Low-risk homes appreciate as climate concerns shift the market

A recent Redfin analysis reveals that Americans are increasingly factoring natural disaster risk into their homebuying decisions, with homes in low-risk areas appreciating in value more quickly during the past year than those in high-risk areas. This m… Continue reading

Dramatic downward revisions for projected 2025 home sales: Fannie

Fannie Mae and MBA forecasts dampened expectations for projected home sales in 2025 while offering a more cautious outlook on the prospects of mortgage rates coming down in the new year. Continue reading

NAR signals worst of downturn may be over as existing-home sales rise

Annual existing-home sales increased for the first time in more than three years in October, according to the National Association of Realtors. “The worst of the downturn in home sales could be over.” Continue reading

Here’s how to answer today’s most pressing buyer, seller questions

As 2024 draws to a close, Jimmy Burgess and Keeping Current Matters’ David Childers look at some of the most common concerns clients are voicing right now. Continue reading

Repealing CCP will create ‘2-tiered’ housing market, NAHREP warns

The National Association of Hispanic Real Estate Professionals is putting its muscle behind maintaining Clear Cooperation, a policy that requires brokers to submit a listing to their multiple listing services within one business day of marketing a prop… Continue reading

Why real estate is struggling to keep up with a rising US economy

The nation’s real gross domestic product grew at an annual rate of 2.8 percent in the third quarter of the year. But with falling sales and tapering price growth, agents could be forgiven for feeling left out. Continue reading

Back-to-back storms tank pending home sales in Florida

Increasingly violent hurricane seasons and surging home insurance costs have tanked Florida’s housing market, according to a Redfin market report published on Tuesday. Continue reading

Russian billionaire’s penthouse among top Manhattan contracts

Penthouses asking $45 million and $39 million topped Manhattan luxury contracts during the week ending Nov. 17, according to Olshan Realty’s weekly luxury report. A total of 37 contracts were signed on properties priced $4 million and up. Continue reading

Housing costs force Americans earning less than $50K to sacrifice

Nearly three-quarters of U.S. residents earning less than $50,000 annually are struggling to keep up with monthly rent or mortgage payments, causing many to make dramatic sacrifices to stay afloat. Continue reading