January 20, 2023
Inflation's finally easing. Why that's a good sign for the real estate sector this year
Soaring inflation in the U.S. has rocked the stock market for the last 12 months. The COVID-19 pandemic triggered the...
January 19, 2023
Real Estate Rebound: Demand for New Mortgages Jumps 28% in One Week
Mortgage applications for the week ending Jan. 13, 2023, rose a whopping 27.9% from the prior week, according to data...
January 18, 2023
The percentage of homes with price cuts jumped from 7.1% in December to 13.6% this year.
When the weather cools for winter, the housing market often does too. But is that true of the market right now — and...
January 17, 2023
Housing Market: More and More Home Sellers Dangle Incentives To Get Buyers, Study Finds
The share of home sellers offering concessions to close a deal jumped in the final three months of 2022, a new report...
January 16, 2023
What Are Mortgage Origination Fees?
For most prospective home buyers, obtaining a mortgage is an essential part of the home buying process. And...
January 14, 2023
U.S. Rent Growth Slows, Up 4.8% in Dec.
A year-to-year comparison of rate increases finds the smallest jump in over a year. SEATTLE – The median U.S....
January 13, 2023
Mortgage Rates Drop After Two Weekly Increases
Average 30-year, fixed-rate mortgages fell to 6.33% this week from last week’s 6.48%. The rate for a 15-year loan,...
January 12, 2023
How Did Homes Get Sold in 1981 with 18% Rates?
Challenging market? It’s been worse. Many baby boomers bought their home with an adjustable-rate loan and fervent hope...
January 11, 2023
Fannie Mae: Buyers’ Moods Improve in Dec.
Buyers went from unhappy to not-quite-as unhappy. “Even small declines in rates and home prices … may not produce...
January 10, 2023
Your debt-to-income ratio is crucial to getting approved for a mortgage — here’s how to calculate yours
Figuring out your debt-to-income ratio today can help you get approved for a mortgage.There’s a lot that goes into...
January 9, 2023
Where home prices are headed in 2023
When a buttoned-up Fed economist says the U.S. housing market has entered into a "difficult [housing correction"],...
January 7, 2023
How Does a Home Equity Loan Affect Credit Scores?
A home equity loan may lower credit scores and make credit more expensive in other areas, such as buying a car – but the...
January 6, 2023
U.S. Rent Increases Slow After Two Years of Rises
Some cities with high rent increases over the past few years saw a bit of correction mid-2022, including Tampa where...
January 5, 2023
The Biggest Housing Buzzwords of 2022?
Most-used words in listing descriptions were basic, such as “room” and “bedroom,” but the top 10 also included...
January 4, 2023
Prices No Longer Increasing by Double Digits
For over two years, monthly stats on home-price increases have reported something over 10%, but in Oct., Case-Shiller...
January 3, 2023
What Does the U.S. 2023 Appropriations Bill Do for RE?
The $1.7T spending bill that funds the federal government through Sept. covers a number of RE priorities, such as buyer...
January 2, 2023
Your 2023 Guide to Low-Down-Payment Mortgages
Facing high interest rates and home prices, some buyers have only a small down payment to offer. But they still have...
December 30, 2022
As Rates Drop, Nov. New-Home Sales Increase
NAHB says new sales incentives offered by builders coupled with a mortgage-rate drop sparked a 5.8% increase in Nov....
December 29, 2022
Mortgage rates keep downward trajectory to close out 2022: Freddie Mac
Last week, mortgage rates dropped for the sixth consecutive week as the market continues to react to positive economic...
December 28, 2022
Many Older Adults Should Downsize
A lot of 55-plus adults plan to die in their home, but choosing to move now beats being forced out later. Counseling,...
December 27, 2022
Mortgage Demand Inches Higher
MBA: As interest rates move lower, home loan demand is ticking up. Mortgage applications to buy a home rose 4% for the...
December 26, 2022
2023 Could Be an Explosive Year for Real Estate Investing. Here’s Why.
2022 wasn’t a fantastic year for investors across the board. The stock market fell 16% year over year, with several dips...
December 24, 2022
Home Price Affordability Is Shifting – Where?
With affordability a current driver for both housing demand and supply, some analysts expect Midwest housing markets to...
December 23, 2022
Some Grocery Stores Can Pump Up RE Value
Most homebuyers ask about nearby grocery stores during their search. A recent survey found that having a Trader Joe’s,...
December 22, 2022
U.S. Consumer Confidence Bounces Back in Dec.
After two months of declines, the Confidence Index rose to 108.3 after last month’s 101.4. A preference for services and...
December 21, 2022
More Builders are Cutting Prices and Offering Incentives
As the housing market has slowed rapidly over the past several months, builders have increasingly been reducing prices...
December 20, 2022
Top 5 Home Trends to Watch in 2023
Backyards top the list along with other up-and-coming home trends: outdoor rooms, edible gardens, and ... mirrored...
December 19, 2022
More Builders are Cutting Prices and Offering Incentives – But Not at 2008 Levels
As the housing market has slowed rapidly over the past several months, builders have increasingly been reducing prices...
December 17, 2022
Long-Term Mortgage Rates Eased Down
Freddie Mac: The average 30-year fixed rate mortgage slipped to 6.31% from 6.33% previously, declining for the fifth...
December 16, 2022
Prepping to Buy a Home or Invest in 2023?
If so, ask some questions to help get ready for a successful outcome, like what would you be willing to sacrifice in...
December 15, 2022
Nov. Rents: Smallest Increase in 15 Months
The median U.S. asking rent climbed 7.4% year-to-year to $2,007 in Nov. SEATTLE – The median U.S. asking rent...
December 14, 2022
Government: Inflation Slowed Sharply in Nov.
Consumer prices rose 7.1% year-to-year in Nov., but that’s a notable drop from 7.7% in Oct. and 9.1% in June. It was the...
December 13, 2022
9 Most Common Benefits of Homeownership
When it comes to buying a home, there are numerous perks that you should consider—financial stability, financial...
December 12, 2022
Today’s Market? The Great Stabilization
The RE market changed rapidly this year, and the frenzy to buy-sell faded as more owners and renters decided to just...
December 10, 2022
Servicemembers Missing Out on Lower Interest Rates
Reserves and National Guard called to active duty can get interest rate reductions, including for their mortgage. But a...
December 9, 2022
Mortgage Rates Fell for 4th Straight Week to 6.33%
Recession-skittish investors moved more money into 10-year Treasury notes, pushing rates for 30-year, fixed-rate loans...
December 8, 2022
Real Estate Trends: Are We Headed For Another Housing Market Crash?
Key takeawaysMany industry leaders, including Goldman Sachs, have altered their predictions for the housing market since...
December 7, 2022
What Could Make Home Prices Drop in 2023?
Buyer demand has dropped due to rising rates, and seller supply slowed too, creating an uneasy balance. But if buyers...
December 6, 2022
Strong November hiring reported in real estate industries
Hiring in industries that benefit real estate continued apace in November, as the economy appeared to stave off a...
December 5, 2022
Federal government will back $1 million mortgages for the first time
For the first time, the federal government will back mortgages of more than $1 million, a move that reflects the run-up...
December 3, 2022
HUD Rental Survey Finds Tons of Small Investors
The U.S. has 49.5M rental units, and 46% are in buildings with four units or less. Of those, mom-and-pop investors own...
December 2, 2022
At 6.49%, Mortgage Rates Down for Third Week
After hitting a 20-year high above 7% less than a month ago, the average 30-year, fixed-rate loan has fallen almost half...
December 1, 2022
US home prices lose more momentum
Not only did year-over-year U.S. home price growth cool in September, but home prices themselves fell from August as the...
November 30, 2022
RE Market Isn’t Crashing – It’s Just Slowing
It’s easy for non-real estate people to watch news stories and think, “The market’s crashing.” But it’s just slowing...
November 29, 2022
Mortgage Demand Rises 2.2% As Interest Rates Decline
Mortgage applications rose 2.2% last week compared with the previous week, prompted by a slight decline in interest...
November 28, 2022
Mortgage Rates Just Took The Biggest Plunge Since 1981
Mortgage rates tumbled by their biggest weekly drop in four decades after new data suggested inflation could be starting...
November 26, 2022
Bank Denied a Buyer’s Mortgage. Now What?
There are always options, and while some detail – like submitting forgotten docs – may quickly solve the problem, other...
November 25, 2022
NAR Goes to White House, Discusses Housing
CEO Bob Goldberg met with White House officials and other industry reps to discuss the nation’s housing supply and...
November 24, 2022
Oct. New Home Sales Rise Surprising 7.5%
The Wall Street Journal polled economists who predicted a 5.5% drop in Oct. new-home sales – but the Census Bureau and...
November 23, 2022
Global Forecast: Slowing Growth, No Recession
A world economic group based in Paris, OECD, predicts world economic growth of only 2.2% in 2023 after 3.1% this year –...
November 22, 2022
NAR: Existing-Home Sales Slump 5.9% in Oct.
National sales retreated for the 9th straight month, down 5.9% from Sept. and 28.4% year-to-year. Median home prices...
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