The real estate portal giant expects a chill on prices to spread through markets across the country over the next year, with pockets of strong price growth in the red-hot Midwest and Northeast. Continue reading
The housing market is moving deeper into a rut, according to the S&P Cotality Case-Shiller July index. National home prices grew at one of the slowest rates in a decade, only tallying a 1.7 percent year-over-year growth. The 20-City and 10-City Co… Continue reading
NAR Chief Economist Lawrence Yun said lowering mortgage rates were leading to more buyers coming to market, but Bright MLS Chief Economist Dr. Lisa Sturtevant said hopes for a fall market rebound should stay tempered. Continue reading
Increased homebuying affordability, more inventory and fewer competing buyers may lead to a prime week for homebuyers in October, leading to conditions like a “second spring market.” Continue reading
Sales slowed month-over-month to an annualized rate of 4 million homes sold this year, according to a new report released Thursday by NAR. Continue reading
Should your clients look at a condo or townhouse as their starter-home option? As with all things in real estate, location is everything. Continue reading
Home values still remain far above what they were before the pandemic sent home prices soaring across the U.S. Continue reading
Purchase loan demand eased last week, but rates are expected to keep falling on a new report showing there are more people unemployed than there are job openings for the first time since the pandemic. Continue reading
Pending home sales, a leading indicator of expected home sale closings, fell 0.4 percent nationally in July, according to National Association of Realtors data. Continue reading
For years, high home prices and mortgage rates have driven consumers from the housing market. That intimidation factor might be fading, Intel’s latest survey of 3,000 working adults found. Continue reading