New home sales fall to 1-year low

New home sales are still up 9.2 percent year over year but have been falling since March, likely as a result of high home prices due to the rising cost of construction materials like lumber. Continue reading

Fed cuts interest rate to nearly zero. What does it mean for real estate?

Realtor.com Chief Economist Danielle Hale believes mortgage rates could go lower this week, but rates and affordability aren’t the only thing impacting the housing market. Continue reading

30-year mortgage rates hit lowest point in 50-year history

The average 30-year mortgage hit an all-time low of 3.29 percent this week, according to data from Freddie Mac. Continue reading

Fed lowers interest rates again. Will mortgage rates follow?

Economists and agents offered different opinions on how the second rate cut of the year will impact the housing market overall. Continue reading

The top 5 takeaways from the real estate industry’s Q2 earnings

Zillow business shifts, Wall Street’s thoughts on profitability and a slow housing market were the biggest topics over the past two weeks. Continue reading

Pending home sales down annually for 17th straight month

The Pending Home Sales Index ticked up from April to May by 1.1 percent but remains 0.7 percent below 2018 levels. Continue reading

Annual home price gains continue to slow down in April: Case-Shiller

Annual home price gains are continuing to slow down, driving toward their lowest level in seven years, according to Case-Shiller. Continue reading