While 38 percent of experts polled by Zillow believe 2024 will be the year inventory returns to 2019 levels, 36 percent pegged 2023 as the year. The remainder believe we’ll have to wait until 2025. Continue reading
The five-point plan seeks to make the appraisal industry more accountable, arm consumers with assistance, prevent algorithmic bias, cultivate a more diverse appraisal industry, and leverage federal data to benefit research and policymaking. Continue reading
Homebuilders sold more unstarted homes in February, but these gains were more than offset by a decline in sales for homes under construction, according to the U.S. Census Bureau. Continue reading
In 2021, millennials made up the largest share of buyers at 43 percent, up from 37 percent in 2020, according to the National Association of Realtors’ Home Buyers and Sellers Generational Trends Report. Continue reading
First-time homebuyers who rely on government mortgage programs are “increasingly challenged” by rapid increases in home prices and higher mortgage rates. Continue reading
Home prices have continued to rise quickly throughout the U.S., but price growth halted in October in the Northeast, according to the Federal Housing Finance Agency’s House Price Index. Continue reading
Home prices were 19.1 percent higher in October than the same time last year — a near-historic rate, but slightly lower than recent months, according to new S&P CoreLogic Case-Shiller index. Continue reading
Most homeowners who forego an agent are selling to someone they know, leaving a small group that fends for themselves on the open market, several new reports reveal. Continue reading
Finding hope through the pandemic’s darkness has looked different for everyone. For some, that’s meant seeking out the spirit of Christmas in places where it lives on the whole year through, like in Santa Claus, Indiana, which has led to a mini real es… Continue reading
Thirty-year mortgage rates fell to 3.05 percent, down 7 basis points from the week prior, according to Freddie Mac’s most recent lender survey released Thursday. Continue reading