Spring typically brings new energy to this housing market, but this year, the momentum is stalling. A flood of sellers has hit the market, but buyers are remaining on the sidelines, new data from Redfin shows. Continue reading
While purchase loan demand was still up 18 percent last week from a year ago, some of that demand may not translate into sales, with Redfin reporting an unusual bump in cancelled purchase contracts. Continue reading
Economic anxiety and rising mortgage rates curbed hopes of a robust spring, but economists tell Inman a strong new-home market offers a sliver of hope that the coming months will be better. Continue reading
Punxsutawney Phil predicted an early spring, and homebuying is following suit. Share your forecast in the Triple-I survey. Continue reading
As mortgage rates have dropped from a roughly 7 percent peak, buyers can now buy homes about 84 square feet larger than those they could purchase in October with a $3,000 monthly payment. Continue reading
Despite the fastest one-month rise in mortgage rates in nearly 13 years, purchase lock volume climbed 31 percent from February. Continue reading
Despite rising prices and personal finance issues, the majority of Americans are optimistic about homeownership, according to NerdWallet’s 2020 Home Buyer Report Continue reading
A new realtor.com market report revealed that buyers in 20 of the 100 largest markets are beginning their home search in January. Continue reading