Real Estate Markets & Economy
As rates breach 4% for first time since 2019, requests to refinance are down more than 50% from a year ago
Only 31% of U.S. households can afford to buy a newly built home, down from 40% a year ago
Bond market investors, not Fed policymakers, exert the strongest immediate pull on markets that drive mortgage rate trends
Controversial comedian Dave Chappelle lobbied hard against a housing project and threatened to pull his business interests out of the town if a zoning change was approved
FHA borrowers can expect to pay even higher rates, but lenders are offering discounts on jumbo mortgages too big for Fannie and Freddie, according to new Optimal Blue Mortgage Market data
Expedia Group earnings still fall short of pre-pandemic levels, but travelers appear to be growing accustomed to living with the virus, executives said during an earnings call Thursday
Keller Williams, eXp Realty, Opendoor and Zillow all made headlines this week. Test your knowledge of the biggest stories to see if you're up to date on the industry in February
Zillow's now-shuttering iBuyer business sent revenue soaring, but also significantly amplified losses during the final months of 2021
The prices of shelter, food and electricity rose substantially in January, driving most of the inflation felt throughout the US, according to Bureau of Labor Statistics data released Thursday
The number of homes with foreclosure filings rose 29% in January as lenders took advantage of expiring federal restrictions, according to new data from Attom Data Solutions
Zillow's last earnings report included news that the Zillow Offers iBuyer program would shut down. Three months later, observers are waiting for the next pivot
Although the annual median home price growth slowed from 15.9% in Q3 2021 to 14.6% in Q4, homebuyers still struggled under the weight of booming sales prices, according to NAR Q4 data
Vacation-home demand is the highest it's been in a year and just below a record 90% gain in demand tallied in September 2020, according to data released Thursday by Redfin
In 2021, the most popular 'how to become' search on Google was for 'real estate agent,' strongly suggesting a tidal wave of new agents may soon be coming to a housing market near you
If mortgage rates rise to 3.9% by the end of 2022, homes valued above $383,000 would fall out of reach for the typical American couple on a $2K monthly mortgage budget, according to Redfin
With inventory remaining tight for entry-level buyers, the average loan request hit another record high of $446,000
A new study reveals how market conditions during the pandemic have made it harder to close racial homeownership gaps, as minorities tend to earn less than their white counterparts