July 23, 2022
When Will the Current Real Estate Cycle Peak?
Some owners hold off listing and selling until the market peaks, but what if it already did? It’s too soon to be sure,...
July 22, 2022
NAR: Existing-Home Sales Slid 5.4% in June
Sales fell for the 5th month in a row as prices rose 13.4%. NAR economist says homes priced right sell quickly, but ones...
July 21, 2022
Top 10 States for ‘Stable’ Housing
Realtor.com’s high-level view of housing markets – foreclosures, underwater mortgages, rising prices, etc.CHICAGO – U.S....
July 20, 2022
Most Popular Home Trends by State
A look at the latest trends across the U.S. show that residents in 32 states favor a modern style at home. Ranked...
July 19, 2022
NAR Study: International Buyers Are Back
In NAR’s annual report, 1 in 4 (24%) international buyers chose Fla. Nationwide, they spent $5.9B, up 8.5%, even as...
July 18, 2022
Contingencies Coming Back? Market Is Shifting
Buyers have removed contingencies in order to woo sellers. If you’re seeing those returning, it suggests that your...
July 16, 2022
Housing Shortage Isn’t Just a Coastal Crisis
The U.S. needs about 3.8 million housing units to keep up with household growth, a crisis with multiple causes, some of...
July 15, 2022
More Sellers Drop Price as Market Cools
In No. 1 Boise, Idaho, 2 out of 3 sellers (61.5%) dropped their asking price in June. In No. 9 Tampa, a Redfin study...
July 14, 2022
Foreclosures: Closing in on Pre-Pandemic ‘Normal’
Attom: Foreclosures remain low but might hit normal “sometime in early 2023.” Fla. ranks sixth nationwide, with one...
July 13, 2022
ARMs: Buyer Loan Options
Zero-down, interest-only adjustable-rate mortgages (ARMs) played a role in the last recession, but today’s options are...
July 12, 2022
Most Credit Scores Stop Counting Medical Debt
The three big credit reporting agencies now don’t include medical debt in reports for banks, landlords, etc.; and they...
July 11, 2022
Good Renters May Qualify for Mortgages
On July 10, renters who pay on time can get a home-buying boost even if they have thin credit scores – a big benefit for...
July 9, 2022
FHA Will Ignore COVID-Era Employment Lapse
By Sept. 5, lenders must update guidelines to make it easier for salaried/hourly workers and self-employed people to...
July 8, 2022
Mortgage Rates Drop Again This Week to 5.3%
Recession fears pushed the 30-year, fixed-rate mortgage down from last week’s 5.7%, though they remain higher than the...
July 7, 2022
Smaller Fees Might Be Coming for FHA Loans
While “more supply” has rallied most efforts so far to ease the affordable housing crisis, Biden is considering reduced...
July 5, 2022
Some Owners’ Theory: Sell Now, Rent, Buy Later
Home prices took a dive during the Great Recession and some homeowners think that will happen again, so they’re selling...
July 4, 2022
FHA to Homebuyers: You Can Do This
FHA now offers a complete, four-part webinar series for novice buyers that “dispels FHA myths” and gives them clear...
July 2, 2022
30-Year Mortgage Rates Ease a Bit, Hit 5.7%
WASHINGTON (AP) – Average long-term U.S. mortgage rates eased back this week after shooting up nearly three-quarters of...
July 1, 2022
More Renters May Qualify for a Loan After July 10
If renters paid their landlord on time for a year, they can share that info with Freddie Mac to improve their chance for...
June 30, 2022
New Homes: Could Falling Costs Offset Higher Rates?
The cost of lumber is falling and new-home demand softening thanks to current housing prices and rising interest rates....
June 29, 2022
Case-Shiller: Home Prices Up 20.4% in April
Prices remained up 20% year-to-year in April, but the monthly rate of increase appears to be slowing as the Fed’s...
June 28, 2022
More Buyers Relying on ‘Bank of Mom and Dad’
Young adults want a home; their parents want them to have a home. As a result, more moms and dads are giving money,...
June 27, 2022
Rising Negotiation Point In Heated Market? Leasebacks
More sellers want to stay in their home after closing, sometimes for weeks or months, and agreeing to their request...
June 25, 2022
May New Home Sales Post Solid Gain: Up 10.7%
New-home sales made up lost ground after four consecutive monthly declines, perhaps because some buyers rushed to lock...
June 24, 2022
An ARM Saves a Typical Buyer $15K Over 5 Years
In exchange for that savings, however, buyers accept risks. Adjustable rates reset at a future point, and interest rates...
June 23, 2022
Hot Housing Market Keeps Foreclosures at Bay
Homeowners who have hit hard times face foreclosure, but most now also have lots of equity and they’re selling rather...
June 22, 2022
Top U.S. Relocation Destinations?
The Redfin top 10 report, with New York City and Chicago top feeder markets.SEATTLE – Homebuyer migration remained...
June 21, 2022
1 in 4 Sellers Cutting Price as Market Cools
Altos Research: Rising rates and economic shifts have slowed down super-eager buyers as the market shifts to “much more...
June 20, 2022
Square Footage: Questions, Irregularities, Confusion
As of April 1, Fannie Mae-backed loans use the ANSI standard for measuring square footage. While it makes the measuring...
June 18, 2022
High Mortgage Rates? Not Historically Speaking
In the 2010s, mortgage rates averaged only 4.08% – but today’s rates are still a bargain compared to the 1970s (9.03%),...
June 17, 2022
A Cryptocurrency Transaction? It’s Not that Different
The big difference? Money doesn’t move between banks, it moves between crypto wallets. But to pull that off, everyone in...
June 16, 2022
Recession Ahead? Most Economists Say ‘No’
Despite inflation, sinking stocks and Fed moves, most economists say consumers – the primary drivers of the economy –...
June 15, 2022
RE Investors See Opportunity in a Downturn
Under the “buy low, sell high” theory of investing, some larger single-family landlords see economic downturns as a...
June 14, 2022
Dream House’ Search Often Remodels or Teardowns
Buyer frustration has adjusted some goals as more look for homes they can tear down and replace, or ones with “good...
June 13, 2022
Luxury Sales Down 17.8% in 1Q 2022
Sales remain strong, but soaring interest rates, a shaky stock market, rising inflation and economic certainty have put...
June 11, 2022
Housing Costs Spur Boom In Build-To-Rent Homes
Is a single-family home a better rental investment than a condo? Beyond financial return, investors like single-family...
June 10, 2022
High U.S. Home Prices? Not Compared to 2011
Notable home-price increases have occurred in small and large U.S. metros, but it hasn’t been even. In 477 U.S. cities,...
June 9, 2022
Rising Interest Rates – So What Happens Next?
The last time interest rates rose, a rush of sellers listed their home. But that hasn’t happened, in part because likely...
June 8, 2022
New 40-Year FHA Mortgage Appears Likely
In March, HUD published a proposal in the Federal Register to create a 40-year option for existing FHA borrowers, a move...
June 7, 2022
Did the ‘Lumber Bubble’ Burst? Prices Drop 12%
Thanks to supply chains and other pandemic-era challenges, the price for lumber – and new homes – soared higher. But...
June 6, 2022
NAR: Home Prices Slowdown ‘Inevitable’
Chief Economist Yun said in an interview that it’s “just inevitable that home price appreciation will slow down in the...
June 4, 2022
Why Have Mortgage Rates Been Falling?
Mortgage rates tend to follow yields in 10-year government bonds, which have been sliding. Plus without many refinances,...
June 3, 2022
Mortgage Rates Edge Down, Still Over 5%
The average 30-year, fixed-rate mortgage was virtually unchanged this week, dropping from last week’s 5.1% to 5.09%. But...
June 2, 2022
Case-Shiller: May Home Prices Up More than 20%
Tampa (34.8%) and Miami (32.0%) showed large increases among the 20-city index. Those waiting for slowing prices “will...
June 1, 2022
Sellers Waiting for Market Peak Think It’s Here
Some owners were waiting to list, hoping to maximize their potential profit; some may fear they have to act now. New...
May 31, 2022
Census Finds Big City Losses, Sunbelt Gains
8 of the 10 largest U.S. cities lost population during the first year of the pandemic, though reasons varied from...
May 30, 2022
The Perfect Song for Your Open House?
A study found that music influences diners’ food choices in a restaurant, but what works for an open house? Consider...
May 28, 2022
Lenders Can’t Deny Loans and Blame Technology
CFPB: Lenders are obligated to tell buyers why their loan application was turned down. They can’t plead ignorance and...
May 27, 2022
30-Year Mortgage Rate Drops to 5.1%
The average rate on a 30-year, fixed-rate loan fell for the second week in a row but still hovered just over...
May 26, 2022
Economic Survey: Recession Less Likely
If there is a slump, most economists predict it will be relatively mild – and a majority believe the odds are greater...
May 25, 2022
Lots of Help Available for Down Payments
The Fla. Housing Finance Corp. saw its volume jump in 2021; activity was so brisk that it stayed open 24/7 and increased...
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