Tag Archives: Markets & Economy

Before the Fed sped up tapering, mortgage rates saw little change

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With mortgages likely getting more expensive for borrowers down the road, the rates for 30-year loans have been holding steady for weeks. Continue reading →

Home sells for $1M over asking and, well, San Francisco is just insane

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The home’s previous owner purchased the property from the same agents two years earlier for $1.4 million, only to turn it around earlier this year for a whopping $3.5 million — reportedly in just three days. Continue reading →

‘It’s a hopeful sign’: Builders forge ahead on new home starts

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Builders kicked off construction on 129,400 new housing units in November — a half-percent increase on a month when starts typically decline, according to the U.S. Census Bureau. Continue reading →

Bond yields rise as Fed says it will double pace of tapering

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The Federal Reserve will double the pace of its tapering of support for mortgage markets, as falling unemployment and worries about inflation outweigh uncertainty around the potential health and economic impacts of the Omicron variant. Continue reading →

Builder confidence ends 2021 strong

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The National Association of Home Builders/Wells Fargo Housing Market Index increased for the fourth consecutive month, to 84 in December, marking a high for the year last seen in February. Continue reading →

DOJ, home prices and equality: Brad Inman talks real estate’s future

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Inman reporters Marian McPherson, Andrea Brambila and Jim Dalrymple discuss coverage of the biggest stories in real estate — and how those stories might chart the industry’s path. Continue reading →

2021 broke records for days on market, median price and more

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A new report from Redfin describes 2021 as “remarkable” and identifies numerous records that fell over the past 12 months. Continue reading →

First-time homebuyers likely to be hit hardest by inflation in 2022

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Real estate coach Brian Buffini shared his annual predictions for the year ahead during a webcast in which he urged agents to hunker down on the fundamentals of their training and get back to basics in preparation for a market shift. Continue reading →

Real estate in 2021 was weird, wild and always unpredictable

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The year saw explosive rivalries, wild stock market performances and plenty of rage. Continue reading →