Purchase loan demand eased last week, but rates are expected to keep falling on a new report showing there are more people unemployed than there are job openings for the first time since the pandemic. Continue reading
Last week, Inman staff writers and contributors had governmental and economic shifts on the brain, writing about rates, sales trends and the national debt. Continue reading
Pending home sales, a leading indicator of expected home sale closings, fell 0.4 percent nationally in July, according to National Association of Realtors data. Continue reading
The Midwest is home to some of the hottest markets in the country, while other regions face a lackluster year. What gives? Continue reading
For years, high home prices and mortgage rates have driven consumers from the housing market. That intimidation factor might be fading, Intel’s latest survey of 3,000 working adults found. Continue reading
A new analysis of Redfin data shows where homes are sitting, where sellers are pulling back and where prices are rising and falling the most amid ongoing slow market. Continue reading
Home prices fell in 24 percent of markets, with five Florida markets posting the biggest price declines. But buyers chasing affordability drove up prices the most in parts of the Midwest and Southeast. Continue reading
Prices are holding up in the Northeast and Midwest, but are down from a year ago in more than 70 percent of Western markets and 40 percent of Southern markets. Continue reading
Mortgage rates have stabilized and more inventory is coming online, but applications for purchase loans fell by a seasonally adjusted 6 percent last week compared to the week before. Continue reading
Pending home sales dropped on a monthly and annual basis in June, according to the National Association of Realtors. Economists are split on what the decline means for the market as homebuyers navigate wider economic fears. Continue reading