Tag Archives: Oil prices

How $4 gas could derail the housing market’s spring season

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Gas prices top $4 as the Iran conflict drives oil higher, pushing mortgage rates up and threatening housing affordability during the critical spring market. Continue reading →

KB Home says the Iran war is already ‘weighing on the consumer’

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The war in Iran’s impact on the housing market is emerging as KB Home reports weaker demand, lower earnings and rising uncertainty. Continue reading →

Construction costs spike early in 2026, signaling trouble ahead

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Construction costs surged early in 2026, driven by rising energy prices, with analysts warning that oil volatility tied to Middle East tensions could push costs even higher. Continue reading →

‘Intangibles’ drive agent success this spring: Redfin economist

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Artificial intelligence, political upheavals and labor market volatility are all weighing on consumers this spring. Redfin Chief Economist Daryl Fairweather explains how agents can help. Continue reading →

Mortgage rates surge upward amid Iran conflict

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After a week in which the average 30-year fixed-rate mortgage rate fell below 6 percent for the first time in more than three years, rates reversed, hitting 6.15 percent on Tuesday in response to overseas conflict. Continue reading →