March 22, 2023
NAR: Sales Up, Prices Down After 131-Month Streak
In Feb., month-to-month home sales surged 14.5% as buyers locked in lower mortgage rates, but a 0.2% price drop is the...
March 21, 2023
Housing Market in 'Tug of War' as Prices Continue to Drop Across U.S.
By mid-2022, as mortgage rates suddenly more than doubled, most housing experts predicted that the booming market would...
March 20, 2023
US housing market gains momentum as loan applications jump amid first drop in mortgage rates in 5 weeks
The housing market is gaining steam as rates drop and mortgage applications surge.The 30-year mortgage rate fell for the...
March 18, 2023
Housing Market Update: Demand For Mortgages Ticks Up As Rates Drop Amid Banking Turmoil
Some homebuyers are returning to the market as mortgage rates decline from the four-month high they reached last week....
March 17, 2023
Builders Grow More Optimistic this Month
NAHB’s confidence index rose by two points in March and has now eased higher for three months in a row. WASHINGTON...
March 16, 2023
Study: Almost 50% of Sellers Making Concessions
Nationally, it’s 45.5%.SEATTLE – Home sellers gave concessions to buyers in 45.5% of home sales recorded by Redfin...
March 15, 2023
Real estate market hit by low inventory
LANCASTER — Limited inventory is hitting the residential and commercial real estate markets, while the changing economic...
March 14, 2023
Owners Aren’t Staying in Homes Quite as Long
Study: The typical U.S. homeowner moved after 12.3 years in 2022, down from 13.4 in 2020 and 12.9 in 2021. But in Fla.,...
March 13, 2023
February 2023 Monthly Housing Market Trends Report
The number of homes for sale has increased by 67.8% compared to last year.The total number of unsold homes, including...
March 11, 2023
Good Inflation News
New signs of slowing inflationFriday’s jobs report helped calm some of those worries, which led to some up-and-down...
March 10, 2023
HUD Wants to Get Rid of Rental ‘Junk Fees’
In an open letter to the housing industry, HUD Sec. Fudge asks members to nix things like application fees, though she...
March 9, 2023
Commercial Optimism Focused on Distressed Property
A survey finds commercial investors “cautiously optimistic” even in a depressed market. The reason: future expectations....
March 8, 2023
Foreign Buyers Returning to U.S. Housing Market
The pandemic cut the number of foreign buyers traveling to the U.S., but the first wave is reappearing. A Miami condo...
March 7, 2023
Housing Market Update: Home Prices Fall Annually For First Time In A Decade As Mortgage Rates Pass 7%
U.S. home-sale prices have fallen from a year earlier for the first time in more than a decade. The milestone comes as...
March 6, 2023
Is It a Good Time to Sell Your Home?
Buyers are more focused on a home’s asking price in the face of higher interest rates. In a sellers’ market, pricing too...
March 4, 2023
Understanding the 1% rule for real estate investors
Thinking of investing in real estate? Before buying an investment property, you need to make sure that it will...
March 3, 2023
RE Q&A: What’s Going on with the Market?
A seller seeing little interest after several months wonders what’s wrong with her house since the price is identical to...
March 2, 2023
NAR: Pending Sales Up for 2nd Month in a Row
Jan. pending sales rose 8.1% month-to-month as mortgage rates fell and affordability increased; however, pending sales...
March 1, 2023
NAR: 9 of 10 Metros Saw 4Q Home Price Gains
U.S. home prices rose 4% compared to the last quarter of 2022, hitting $378K. But only 18% of metro markets saw...
February 28, 2023
Policy Change Boosts Credit Scores for Some
From 2020 to 2022, the number of people with medical debt on credit reports dropped by 8.2M due to more insured...
February 27, 2023
Foreclosures Still a Tiny Part of the Market
Zombie homes – vacant foreclosures after owners walked away – rose 5.4% in 1Q 2023, but only 1 out of 12,415 U.S. homes...
February 24, 2023
Home prices are down
Home prices are still high. But they’re not rising quite as much.Nearly 90 percent of the country’s metro areas saw...
February 23, 2023
FHA Loans Now Cost $117 Less Per Month
HA lowered its mortgage-insurance premium for borrowers by 30 basis points. The $117 monthly savings is based on a...
February 22, 2023
Housing market stabilizes as new home construction adds to inventory
Price increases abating? Home inventory up? It all sounds good to many Fort Worth area Realtors, who are ready for...
February 21, 2023
14 Common Benefits of Real Estate Agents During Apartment Hunting
Not every "for-rent" is a "homecoming."How long does it take you to finalize a new home for rent? Can you silence your...
February 20, 2023
US home prices are heading for a further drop this year even though mortgages are getting cheaper, a housing market expert says
US house prices are set to fall further this year as the Federal Reserve pushes ahead with interest-rate increases,...
February 18, 2023
Want a Lower Interest Rate? Try This Strategy
With mortgage rates hitting 20-year highs, the monthly payment for a $500,000 home is $1,000 higher than it...
February 17, 2023
Housing Market Update: More Buyers Step Onto The Field, Luring Some Sellers Off The Sidelines
Pending sales and new listings each posted their smallest declines since September.Homebuyer demand continues to...
February 16, 2023
Changing Market: More VA-FHA Loans, Cash Sales
SEATTLE – Roughly one-third (31.2%) of U.S. home purchases were cash sales in December, according to a report from...
February 15, 2023
Here’s what’s happening with home prices as mortgage rates fall
The U.S. housing market cooled off pretty dramatically last year, after mortgage rates more than doubled from...
February 14, 2023
Markets are surging as fears about the economy fade.
The good times are back on Wall Street.Stocks have surged since the start of the year. The Nasdaq is up nearly 15%...
February 13, 2023
How Much Down Payment Is Required for a House?
Coming up with enough cash for a down payment to buy a house can be the single biggest roadblock for prospective home...
February 11, 2023
Jan. Rents Rose 2.4% – Smallest Jump in 20 Months
SEATTLE – The median U.S. asking rent rose 2.4% year-over-year to $1,942 in January – the smallest increase since May...
February 10, 2023
Survey finds Americans wildly misinformed on housing market
A new survey finds Americans are woefully misinformed about the nation’s mercurial housing market, even as millions of...
February 9, 2023
When will US home prices finally stop dropping?
The end may finally be in sight for a prolonged slump in the U.S. housing market, according to Goldman Sachs...
February 8, 2023
More Millennials Leave Nest, Form Own Households
The Great Recession shook many millennials who took time to recoup. But from 2016 to 2021, almost every state saw a...
February 7, 2023
Yes, You Should Buy a House This Year
Buyers who wait for more inventory, lower interest rates or something else may never own a home. And given history, 2023...
February 6, 2023
What the Fed’s rate increase means for homebuyers and mortgages
Early signs show buyers starting to get back into the housing market and gain more leverage as prices fall, but experts...
February 4, 2023
Market confidence rising among home builders
Confidence in the housing market is still fairly low among U.S. home builders, but it’s on the rise. According to the...
February 3, 2023
Falling Mortgage Rates Bring Some Home Buyers Back to Market
The average rate on a 30-year fixed-rate mortgage fell to 6.09 percent this week, the lowest in five months. Buyers are...
February 2, 2023
With mortgage rates dropping and fee changes in the pipeline, now may be the time to buy that home
Mortgage rates have hit an 18-week low, giving homebuyers hope for a more affordable loan.The average rate for a 30-year...
February 1, 2023
92% of millennial homebuyers say inflation has impacted their purchase plans, but most are plowing ahead anyway, study shows
KEY POINTSMillennials — who are roughly ages 27 to 42 — are in their prime homebuying years.While the combination of...
January 31, 2023
Report: Housing Market Has Started to Recover
While the phrase “not out of the woods yet” is still used, Redfin economists say the market probably hit its cycle-low...
January 30, 2023
Can You Afford a House Right Now?
The Covid-19 pandemic helped spur one of the biggest housing boom cycles in history. In 2020, the Federal...
January 28, 2023
NAR: Dec.’s U.S. Pending Sales up 2.5%
Pending home sales rose for the first time in six consecutive months, thanks in part to lower interest rates. Economist...
January 27, 2023
New Home Sales Up in Dec.
Falling mortgage rates have pushed sales higher recently. In Dec., they were up 2.3% month-to-month.WASHINGTON –...
January 26, 2023
Higher Conforming Loan Limits Help 2M Homes
In 2023, a handful of U.S. buyers won’t need a jumbo loan even if borrowing over $1M. While loan caps are lower...
January 25, 2023
With Rising Interest Rates, Do Adjustable Rate Mortgages Make Sense?
As rates on traditional mortgages have risen, a growing number of home buyers are turning to adjustable rate loans in...
January 24, 2023
Fannie, Freddie 2023 Loan Costs Favor Buyers
FHFA, the oversight agency for Fannie Mac and Freddie Mac, announced a continuing loan structure that generally favors...
January 23, 2023
HUD Proposes New ‘Affirmative’ Fair-Housing Rule
To fulfill the “promise of the 1968 Fair Housing act,” HUD’s rule requires the submission of “Equity Plans” every five...
January 21, 2023
At 6.14%, Weekly Mortgage Rates Hit Sept. Lows
It’s down from last week’s 6.33%. Freddie Mac’s chief economist says it provides a “much-needed boost” for the housing...
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