Homebuilders primed for big year of earnings. Here’s the stocks to watch

Anticipating a high demand for homes, a research team at JPMorgan Chase is bullish on several real-estate stocks and investment trusts, according to a new analysis. Continue reading

New home sales see modest gains for second consecutive month

Sales of newly built single-family homes hit a seasonally adjusted annual rate of 740,000 in August 2021, up 1.5 percent from the revised July rate, according to the U.S. Census Bureau. Continue reading

Mortgage rates continue to flatline ahead of Fed tapering details

Mortgage rates stayed the course this week as lenders continued to monitor the Federal Reserve’s tapering plans. Continue reading

The next class of luxury homesellers is younger than you might think

In 2020, nearly half of homesellers were classified as baby boomers or the silent generation, but through the next year, a whopping 80 percent of luxury sellers will be millennials and Gen Xers. Continue reading

The Evergrande crisis: Everything real estate agents need to know

One of China’s largest property developers is in dire financial straits, and the world is watching. What does it mean for the U.S. housing market, real estate agents and the economy? Continue reading

Redfin CEO, Zillow pour cold water on TikToker’s iBuyer theory

A recent viral video suggested iBuyers could jack up the prices of homes. But one expert called the theory “fairly conspiratorial,” and iBuyers themselves said they still have a tiny share of the market. Continue reading

Low mortgage rates keep home costs in an acceptable range

Ownership costs for the median home remain within a normal range but are nearing the point where lenders might start to balk. Continue reading

Interest in second homes remains down for third consecutive month

Many buyers are still considering second-home purchases, but the number was down from last year’s blistering levels. Continue reading

Existing-home sales take a U-turn following 2-straight months of gains

Existing-home sales declined 2 percent between July and August to a seasonally adjusted annual rate of 5.88 million, with all geographical regions in the US seeing monthly and annual declines. Continue reading