More real estate agents believe their client shortfall has begun to stabilize, an indication of rising home demand in the new year, according to new results from the latest Inman Intel Index survey. Continue reading
Fannie Mae economists no longer expect a recession and are considerably more optimistic that mortgage rates have additional room to come down below 6 percent. Continue reading
Sales of newly built single-family homes fell 12.2 percent between October and November to an annual rate of 590,000, but lower interest rates may bring relief. Continue reading
New-home sales skyrocketed in September, soaring to a 20-month high, according to data issued Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development. Continue reading
Sales of newly built homes dropped 8.7 percent in August to a seasonally adjusted annual rate of 675,000. Continue reading
New-home sales rose 4.4 percent in July to an adjusted annual rate of 714,000 as the supply of existing homes continues to drop, according to data released Wednesday by the U.S. Census Bureau. 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
Lack of inventory driven by mortgage lock-in effect may persist if the Federal Reserve maintains a ‘higher-for-longer’ rate strategy to combat inflation, Fannie Mae economists said. Continue reading
Compass CEO Robert Reffkin revealed on CNBC how volatile mortgage rates are sidelining homesellers and why a boost in existing-home inventory could happen as early as December. Continue reading
In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price. New home sales surged 20 percent from a year a… Continue reading