Would-be homebuyers are still looking for conditions to improve

Americans are more hopeful that the economy is on the right track than they were a year ago, but only 1 in 5 thought December was a good time to buy a home, Fannie Mae surveys show. Continue reading

34% of homeowners say they’ll never sell their home: Redfin

Rising home prices and elevated mortgage rates are keeping would-be homesellers out of the market, according to Redfin’s latest consumer insights. Redfin partnered with Ipsos to survey 1,802 U.S. adults about their housing choices. Continue reading

New listings rise while high rates tamp down homebuyer demand

New listings rose 8 percent toward the end of the year, but high mortgage rates and home prices have kept buyers on the sidelines as homes spend more time on market, reports say. Continue reading

Housing inventory hits post-2020 high as unsold homes linger

In November, active listings rose 0.5 percent month over month and 12.1 percent year over year, according to Redfin’s analysis. Continue reading

Home prices hit new highs in 2024. These 2 factors could ease the pain 

Prices hit record highs in 2024, making affordability just as big a problem as it was on the eve of the 2007 housing bust. But this time, prices in most markets are expected to decelerate, not fall. Continue reading

Forecasters see strong economy keeping a lid on 2025 home sales

According to Inman’s 2025 economic outlook, a soft landing for the economy would mean home prices keep rising and mortgage rates settle in at around 6%, with sales varying widely by region. Continue reading

Forecasters see strong economy keeping a lid on 2025 home sales

According to Inman’s 2025 economic outlook, a soft landing for the economy would mean home prices keep rising and mortgage rates settle in at around 6%, with sales varying widely by region. Continue reading

Mortgage rates ease a bit on November inflation surprise

Core inflation rose less in November than forecasters had been expecting, in part because housing costs rose at a slower pace, Pantheon Macroeconomics Chief U.S. Economist Samuel Tombs said. Continue reading

Existing-home sales surge to highest level in more than 3 years

Existing-home sales rose 6.1 percent annually in November while three out of four U.S. regions saw increases from 2023, according to new data released Thursday by the National Association of Realtors. Continue reading

Fed cuts again, but mortgage rates climb on 2025 inflation worries

Bond market investors are focused on the latest “dot plot,” indicating Fed policymakers only expect to bring short-term rates down by half a percentage point in 2025. Continue reading