Tag Archives: Markets & Economy

Glenn Kelman shares 14 reasons the market is so ‘bizarre’ now

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The Redfin CEO’s latest Twitter thread reveals how far buyers are willing to go to win a home, including offering to name their child after a seller. Continue reading →

US home prices soared in Q1 thanks to housing shortage, mortgage rates

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Boise, Idaho, experienced the steepest price hikes in the country at 28.2 percent, according to the Federal Housing Finance Agency House Price Index released Tuesday. Continue reading →

After stellar March, new-home sales reverse course, dip 6% in April

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The decline follows a record month for new-home sales, when they hit a 15-year high of more than 1 million in March, according to new data from the US Census Bureau. Continue reading →

Home prices skyrocketed in March, notching biggest gain since 2005

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Home prices rose 13.2 percent, according to the latest S&P/Case-Shiller US National Home Price Index, released Tuesday. Continue reading →

Home affordability drops for first time in more than 2 years

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National home prices were up 14.8 percent from a year ago, “wiping out any affordability boost” from rising household income and low mortgage rates, said First American Chief Economist Mark Fleming. Continue reading →

Why the EB-5 program is critical to residential real estate

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It is critical that the public, the residential and commercial real estate sector, and elected officials across the country understand the EB-5 program’s benefits, the jobs it creates and saves, and the potential it has to buttress the post-COVID econo… Continue reading →

Canada tightening mortgage standards as home prices soar

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Canada is tightening standards for mortgages over worries about rising home prices, with the Greater Toronto Area, Hamilton and Montréal markets particular causes for concern. Continue reading →

Nearly half of US homes are selling ridiculously fast, less than a week

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In April, 47 percent of homes for sale in the U.S. went under contract in less than a week. The squeeze is happening at various price points and in dozens of metro areas. Continue reading →

Existing-home sales decline again as home prices grow to an all-time high

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Continuing inventory woes have hampered existing-home sales for the third consecutive month, according to a National Association of Realtors’ market report released Friday. Continue reading →

National delinquency rate dipped below 5% in April

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The national delinquency rate dipped below 5 percent in April, although nearly 1.8 million homeowners were at least 90 days behind on their mortgage payments, an increase of 1.3 million compared to before the pandemic. Continue reading →