Share of first-time buyers plummets to lowest level since 1981: NAR

Rising home prices, mortgage rates and inflation slashed the share of first-time buyers down to 26 percent — the lowest level since the National Association of Realtors began surveying buyers and sellers in 1981. Continue reading

America’s biggest homes are just 30 miles from the country’s tiniest lofts

From Tennessee to Michigan, 18 states lay claim to the country’s largest and smallest homes now on the market, according to a new analysis. But the wildest extremes can be found in one region. Continue reading

Prices may be dropping, but homes still have loads of equity

As prices began to fall, home equity held strong. Even the most distressed properties held positive equity in the third quarter of 2022, according to a new report from Attom. Continue reading

Pointing to Ukraine war, Fed approves another drastic rate hike

Federal Reserve Chairman Jerome Powell says the pace of rate hikes could slow but may ultimately need to go higher than the forecast in September. Continue reading

Pointing to Ukraine war, Fed approves another drastic rate hike

Federal Reserve Chairman Jerome Powell says the pace of rate hikes could slow but may ultimately need to go higher than the forecast in September. Continue reading

Deal falling apart? 10 solutions to keep things moving forward

In today’s complex market, it takes give-and-take on both sides of the transaction to make sure you get to the closing table. Broker Cara Ameer offers 10 solutions to keep a deal moving forward, no matter what the market throws at you. Continue reading

NAHREP’s 10 Disciplines help Hispanic Realtors develop wealth

Broker and trainer Justine Jimenez Garcia shares how the National Association of Hispanic Real Estate Professionals (NAHREP) and its 10 Disciplines help Hispanic Realtors develop a path to personal wealth and optimal influence. Continue reading

After stable stretch, lumber’s roller coaster ride scales yet another hill

Lumber futures were trading at $454 per thousand board feet Monday after ascending to $539 per thousand board feet the week earlier, according to numbers tracked at Nasdaq.com. Continue reading

Redfin’s Glenn Kelman has a theory on why housing prices are plunging

Investors, including iBuyers, that entered the housing market in 2020 and 2021 are at least partly to blame for the dramatic price correction playing out in 2022, Kelman said in a new interview. Continue reading