Glenn Kelman shares 14 reasons the market is so 'bizarre' now
The Redfin CEO's latest Twitter thread reveals how far buyers are willing to go to win a home, including offering to name their child after a seller
by Marian McPherson May 25
US home prices soared in Q1 thanks to housing shortage, mortgage rates
Boise, Idaho, experienced the steepest price hikes in the country at 28.2%, according to the Federal Housing Finance Agency House Price Index released Tuesday
After stellar March, new home sales reverse course, dip 6% in April
The decline follows a record month for new home sales, when they hit a 15-year high of more than 1 million in March, according to new data from the US Census Bureau
by Lillian Dickerson May 25
Home prices skyrocketed in March, notching biggest gain since 2005
Home prices rose 13.2%, according to the S&P/Case-Shiller US National Home Price Index
Home affordability drops for first time in more than 2 years
The First American Real House Price Index found that home price gains wiped out affordability boost from rising household income and low mortgage rates
by Matt Carter May 24
Why the EB-5 program is critical to residential real estate
It's critical that the public, the residential and commercial real estate sector, and elected officials across the country understand the EB-5 Program’s benefits, the jobs it creates and saves, and the potential it has to buttress the post-COVID economic recovery
by Aaron Grau May 24
Canada tightening mortgage standards as home prices soar
Greater Toronto Area, Hamilton and Montréal are markets of particular concern
by Matt Carter May 21
Nearly half of US homes are selling ridiculously fast, less than a week
In April, 47% of homes for sale in the US went under contract in less than a week. The squeeze is happening at various price points and in dozens of metro areas
by Jim Dalrymple II May 21
Existing-home sales decline again as home prices grow to an all-time high
Continuing inventory woes have hampered existing-home sales for the third consecutive month, according to a National Association of Realtors' market report released Friday
by Marian McPherson May 21
National delinquency rate dipped below 5% in April
Idaho, Colorado, Utah, Washington and Montana have lowest delinquency rates in U.S.
by Matt Carter May 20
Mortgage rates settle in, hovering around 3%
So far, bond markets are taking the prospect of Fed tapering of monthly purchases of $40B in mortgage-backed securities and $80B in Treasuries in stride
by Matt Carter May 20
Recovering economy is driving housing market's potential: Study
'Potential existing-home sales' rose to an adjusted annual rate of 6.31 million in April, up 1.3% from March, according to First American Financial's Potential Home Sales Model
by Matt Carter May 20
Knowing new construction gives you a competitive edge — here's why
Opinion
The inventory shortage isn’t going to last forever. In the meantime, studying the economy, real estate market statistics and particularly the new home construction process will make you a fierce competitor in today’s market and the future
by Adam Hergenrother May 20
Dozens of economists don't see any bursting bubbles on the horizon
A new survey of 42 economists showed that home prices, housing starts, apartment vacancies and other factors should remain healthy for the next several years
by Jim Dalrymple II May 19
Inflation, rate increases pose risks to housing market, Fannie Mae says
In their latest monthly forecast, Fannie Mae economists on Tuesday projected existing homes will sell at an annual pace of 5.88 million during April, May and June
by Matt Carter May 19
Builder confidence still high amid soaring lumber costs
Nationwide builder sentiment clocked in with an index score of 83 in May, according to the National Association of Home Builders/Wells Fargo Housing Market Index