More than 8 in 10 Americans still said it was a bad time to buy a home, and mortgage rates have been climbing again since Fannie Mae conducted the monthly National Housing Survey. Continue reading
In his latest CNBC appearance, Redfin CEO Glenn Kelman talked about mortgage rates, the lock-in effect, and how buyer-broker compensation changes are already impacting market dynamics. Continue reading
California-based proptech leader RealScout has partnered with T3Sixty and Tom Ferry to release its inaugural Teams Report, which dives into the intricacies of developing a successful team and the unique challenges surrounding technology, marketing, lea… Continue reading
The brokerage exec shared details about his day-to-day at Elliman, thoughts on current industry challenges and how, despite popular opinion, an election year typically has very little impact on the market. Continue reading
With a soft landing seen as more likely, analysts say Fed policymakers can now afford to be more cautious about the pace of future rate cuts, and mortgage rates aren’t likely to fall below 6 percent anytime soon. Continue reading
Purchase loan applications are up 9 percent from a year ago, as inventories of new and existing homes increase and lower mortgage rates help with affordability: MBA. Continue reading
The California Association of Realtors expects existing single-family home sales to reach more than 300K units by the end of 2025. Active inventory is due for a 10 percent boost as well. Continue reading
In the first eight months of 2024, only 25 out of every 1,000 U.S. homes changed ownership, marking the lowest housing turnover rate since 1994, according to an analysis by Redfin released Monday. Continue reading
Ahead of Inman Connect Austin, Realtor.com Chief Economist Danielle Hale talks mortgage rates, affordability, and when agents and consumers might reach the light at the end of the tunnel. Continue reading
With inflation continuing to inch closer to the Fed’s 2 percent goal in August, bond market investors are getting more confident that the central bank will continue to cut rates aggressively in November. Continue reading