Experts surveyed by Fannie Mae expect national home prices to grow by 3.4 percent in 2025. Median list prices in 69 markets were down by 10 percent or more from a year ago in March. Continue reading
The University of Michigan Index of Consumer Sentiment fell 11 percent from March to April and is now lower than it was during the Great Recesssion. Continue reading
Inflation as measured by the Consumer Price Index dropped to an annual rate of 2.4 percent last month, but the impact of tariffs is unlikely to show up in data until May. Continue reading
The financial gap between owing and renting has grown significantly, making the dream of homeownership more distant, according to report released by Redfin Thursday. Continue reading
Stocks rebounded and pressure on interest rates eased after Trump announces 90-day pause on country-specific “reciprocal tariffs” with the exception of 125 percent duties on Chinese goods. Continue reading
In 2024, a record 39,000 single-family rental homes were completed, marking a 15.5 percent jump from the previous year, according to a Point2Homes analysis of Yardi Matrix data released Wednesday. Continue reading
We don’t control interest rates or government layoffs, broker Thai Hung Nguyen writes. But we do control how we lead, educate our agents and build trust in the marketplace. Continue reading
Lower mortgage rates could help lenders do more business, and investment analysts like Rocket’s plans to acquire real estate brokerage Redfin and loan servicing giant Mr. Cooper. Continue reading
Heightened fears of a trade war and recession have investors convinced that the Fed will start cutting rates again in June — a sentiment that gives mortgage rates more room to come down. Continue reading
According to a new Redfin report, an overwhelming 68.4 percent of condos sold below their asking price — the highest share in five years. That’s a jump from 63.3 percent last year, signaling a cooling condo market. Continue reading