Powered by mortgage rates from Zillow Home Loans, BuyAbility tool could help listing portal’s lending affiliate get a head start on other lenders it competes with for borrowers. Continue reading
Home sales fell 2 percent between August and September and retreated 15.4 percent from a year ago as prices and interest rates climbed. Continue reading
In August, housing starts hit their lowest level since June 2020, when builders were struggling with COVID-fueled “shutdowns, labor shortages and supply chain issues,” according to U.S. Census data. Continue reading
Building on upward momentum from June, pending home sales rose 0.9 percent in July even as analysts expressed doubt the rally would last, according to new National Association of Realtors data. Continue reading
New-home sales drooped 2.5 percent from May to a seasonally adjusted rate of 697,000 — 23.8 percent higher than June 2022, according to data released Wednesday by the U.S. Census Bureau. Continue reading
The Pending Home Sales Index dropped by 5.2 percent in March to a reading of 78.9 — 23.2 percent lower than March 2022 levels, according to data released by the National Association of Realtors. Continue reading
Sales of existing homes fell 5.9 percent to a seasonally adjusted rate of 4.43 million — 28.4 percent lower than in October 2021, according to data released Friday by the National Association of Realtors. Continue reading
“Inventory remains tight and prices continue to rise nationally with nearly 40% of homes still commanding the full list price,” said NAR’s Chief Economist Lawrence Yun. Continue reading
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
Inman took a deep dive into pocket listings, which continue to polarize the real estate industry long after many thought the practice would disappear. Continue reading