Real Estate Markets & Economy
New home sales took a hit for the fourth-straight month in April as buyers grappled with the new reality of rising home prices and mortgage rates in excess of 5%, according to Census Bureau data
Google Trends experienced a spike in searches for the term 'housing bubble' earlier this spring, and it hasn't fully returned to normal levels, hinting that the topic is at least on a lot of minds
Opinion
Want to increase your economic and finance IQ? 9 ways to stay informed every day
The report found that three-quarters of counties where median home prices exceeded $250,000 saw declines in rental yields
Opinion
Although the circumstances of today's real estate market may be distinct to the present moment, as seasoned professionals, we've navigated challenging markets before and come out the other side
Not until next year do Fannie Mae's Economic and Strategic Research Group economists expect to see a ‘a large deceleration in home price growth,’ with some regions likely to see price declines
The monthly mortgage payment on a typical home is more than 50% pricier than it would have been a year ago, according to Zillow's research team, yet competition remains fierce
Mortgage rates are up, and demand for homes is edging down. Redfin Chief Economist Daryl Fairweather laid out a possible scenario of what the months ahead might look like at Connect
Existing-home sales decreased by 2.4% from March and 5.9% from the year before as declining affordability continued to put off homebuyers, according to the National Association of Realtors
The pandemic-era home market has been marked by frenzied competition among buyers. But one arena in particular has been hardest-fought
Just 60.7% of home offers crafted by Redfin agents encountered competition in April — the lowest level since March 2021
Almost a year after streamlining its buy box to avoid median-priced homes, co-ownership platform Pacaso claims it has had a net positive impact on the destinations it operates in
The slowdown in construction activity comes as the average for a 30-year loan rose to 5.3% last week, up from 2.49% a year ago, according to new data released by the US Census Bureau
Economic uncertainty and stock market volatility may have helped drive 12% decline in prospective homebuyers’ purchase mortgage applications, delaying home searches
In the first quarter of 2022, just under 45% of Black families owned their home, compared to 74% of white families, according to a Redfin analysis of US Census Bureau data released Tuesday
The plan focuses on the federally funded construction of hundreds of thousands of affordable units, the loosening of restrictive zoning and the introduction of new federal financing options
A decline in consumer demand amid rising interest rates, increases in materials costs and home price growth led builder confidence to drop 8 points to 69 in May, according to the NAHB