Pending home sales hits slowest pace in nearly 10 years

Pending home sales dropped 3.9 percent from March to April, marking the sixth-straight month of declines amidst climbing mortgage rates, according to data released Thursday from NAR. Continue reading

The shift has begun — but rate hikes won’t be housing’s Achilles’ heel

Experts expect home sales and price growth to slow down, but they don’t think rising rates will knock everyone out of the market. Continue reading

Lower mortgage rates fail to rekindle homebuyer interest

As mortgage rates continued to retreat from 2022 highs set during the first week in May, demand for purchase loans was essentially flat last week. Continue reading

New home sales hit 2-year low, falling well short of expectations

New home sales took a hit for the fourth-straight month in April as buyers grappled with the new reality of rising home prices and mortgage rates in excess of 5 percent, according to Census Bureau data. Continue reading

Stop Googling ‘bubble’: Here’s why the news may be more positive than you think

Are we on the verge of another major real estate downturn? Two of America’s most notable real estate economists, Leslie Appleton-Young and John Tuccillo, weigh in with their predictions, and the news may be better than most people expect. Continue reading

Atlantic City is the most affordable beach town in the U.S. in 2022

There’s a misconception that homes in beach towns are unattainable for many Americans because of their higher prices, but Realtor.com says that’s just not so — here’s a list of affordable beach towns for homebuyers to explore. Continue reading

Buying a home? 8 popular cities that are still surprisingly affordable

As buyers continue to reassess where they want to live and relocate at record rates, affordable, popular destinations can still be found — largely in Florida and Texas, according to Redfin. Continue reading

Google searches for ‘housing bubble’ have been spiking since March

Google Trends experienced a spike in searches for the term “housing bubble” earlier this spring, and it hasn’t fully returned to normal levels, hinting that the topic is at least on a lot of minds. Continue reading

9 resources that’ll make you look smarter about the economy

Want to get a better grip on the big picture elements that affect your business and personal finances? Here are nine ways to easily stay informed every day. Continue reading