‘More persistent headwinds’ plague housing market as prices barely budge

The latest numbers from the Case-Shiller Index show weak price growth in September. One expert even warned of “outright decline” in some markets. Continue reading

Stock market gains push luxury homebuyers ahead in October

While non-luxury homebuyers are beholden to mortgage rate fluctuations, luxury buyers are using their stock market gains to boost their purchasing power — pushing luxury sales up 2.9 percent. Continue reading

Fall has been ‘sneaky good’ for buyers, but the ‘warm-up is not guaranteed to last’

Easing mortgage rates and flat home price growth led to a win for homebuyers in October, according to Zillow. However, future volatility may put buyers back on the sidelines. Continue reading

Heard of a K-shaped economy? You’re living in it now

Much like the American people today, the economy is starkly divided — and it’s impacting the real estate market. Here’s how. Continue reading

Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so

The Treasury Secretary blamed the Federal Reserve for the current housing recession and said that if the central bank cut interest rates more quickly, the recession could end. Continue reading

‘Signs of deceleration’ bedevil US home prices

Home price growth continued to slow in August as buyers expressed trepidation over the economy, despite a healthy supply of inventory and lower mortgage rates, the FHFA and S&P Dow Jones Indices reported. Continue reading

15% of homebuyers ‘ghosted’ homesellers in September

As Halloween draws near and our minds become preoccupied with witches, wraiths and suddenly seized souls, homesellers are focused on another horror: the growing number of homebuyers backing out of the market. Continue reading

Homebuyers froze deals at a record rate in August: Redfin

Homebuyers are freezing their purchasing plans at increasingly higher rates, according to Redfin’s latest market report. Fifteen percent of contracts, or 56,000, were canceled in August, the highest level since Redfin began tracking the metric in 2017. Continue reading

Zillow released its price forecast for hundreds of US markets. What will happen near you?

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

Price growth continues to slow, but economists say that may be good news for the market

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