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
Realtor.com’s August market report revealed the emergence of a balanced market, with pockets of dominance for buyers in the Southeast and West. However, economic headwinds are suppressing sales, with contract signings and delistings rising annually dur… Continue reading
Last week, Inman staff writers and contributors had governmental and economic shifts on the brain, writing about rates, sales trends and the national debt. 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
A new analysis of Redfin data shows where homes are sitting, where sellers are pulling back and where prices are rising and falling the most amid ongoing slow market. Continue reading
A growing number of homes sitting longer on the market has made buyers more relaxed about transacting, causing some to wait it out or even cancel contracts because they have more options. Continue reading
Mortgage rates have stabilized and more inventory is coming online, but applications for purchase loans fell by a seasonally adjusted 6 percent last week compared to the week before. Continue reading
Pending home sales dropped on a monthly and annual basis in June, according to the National Association of Realtors. Economists are split on what the decline means for the market as homebuyers navigate wider economic fears. Continue reading
Elevated mortgage rates, weakening home price growth and uncertainty from Trump’s tariff policy are setting the housing market on a dangerous path, Moody’s Mark Zandi said, with homebuyers and homebuilder hitting rock bottom. Continue reading
New numbers from the National Association of Realtors show that pending sales rose 1.1 percent year over year in May. Continue reading