Pending home sales beat projections following 2 months of declines: NAR
Pending home sales finally saw some positive growth in August, following two consecutive months of declines in June and July, the National Association of Realtors reported
by Lillian Dickerson Sep 29
Demand for mortgages cools as rates bounce back to July levels
Increase in conventional refinance requests could be a sign that borrowers are reacting to higher rates
by Matt Carter Sep 29
Consumers reflect shifting market: Here's what you should know
Windermere Chief Economist Matthew Gardner dives into how consumers feel about the market based on Fannie Mae's latest Home Purchase Sentiment Index survey. The incremental shifts across the results indicate that consumers are feeling the market cool
by Matthew Gardner Sep 29
Sustained surge in mortgage rates could dent home sales
Fed uncertainty and U.S. debt ceiling cliff are creating volatility in long-term interest rates
by Matt Carter Sep 28
US home price growth tallies biggest gain in a generation
Annual price growth soared 19.7% in July, extending a 14-month streak of increases while marking the highest rate of growth since Case-Shiller began recording the data in 1987
Home prices continued to see record gains in July: FHFA
US home prices rose 1.4% between June and July 2021, and 19.2% year over year, according to a price index released Tuesday by the Federal Housing Finance Agency
by Lillian Dickerson Sep 28
Short-term rental demand is looking strong for fall, winter
A number of short-term rental markets saw a slowdown in August due to families going back to school and the spread of the Delta variant, but those factors aren't impacting fall and winter bookings
by Lillian Dickerson Sep 27
Housing industry 'will not be spared' by climate change: MBA
Extreme weather could strain flood insurance to breaking point, undermine home prices, and drive mortgage defaults, according to the Mortgage Bankers Association
by Matt Carter Sep 27
Homebuilders primed for big year of earnings. Here's the stocks to watch
Anticipating a high demand for homes, a research team at JPMorgan Chase is bullish on several real-estate stocks and investment trusts, according to a new analysis
by Daniel Houston Sep 24
New home sales see modest gains for 2nd consecutive month
Sales of newly built single-family homes hit a seasonally adjusted annual rate of 740,000 in August 2021, up 1.5% from the revised July rate, according to the US Census Bureau
by Lillian Dickerson Sep 24
Mortgage rates continue to flatline ahead of Fed tapering details
Mortgage rates stayed the course this week as lenders continued to monitor the Federal Reserve's tapering plans
by Daniel Houston Sep 24
The next class of luxury homesellers is younger than you might think
In 2020, nearly half of homesellers were baby boomers or part of the silent generation, but through the next year, a whopping 80% of luxury sellers will be millennials and Gen Xers
by Lillian Dickerson Sep 23
The Evergrande crisis: Everything real estate agents need to know
One of China's largest property developers is in dire financial straits and the world is watching. What does it mean for the US housing market, real estate agents and economy?
by Daniel Houston Sep 23
Redfin CEO, Zillow pour cold water on TikToker's iBuyer theory
A recent viral video suggested iBuyers could jack up the prices of homes. But one expert called the theory 'fairly conspiratorial,' and iBuyers themselves said they still have a tiny share of the market
by Jim Dalrymple II Sep 23
Low mortgage rates keep home costs in an acceptable range
Ownership costs for the median home remain within a normal range but are nearing the point where lenders might start to balk
by Daniel Houston Sep 22
Image of federal building to symbolize Trump tells Cook to resign
Latest policy stance sets the stage for the Federal Reserve to start scaling back debt purchases in November
by Matt Carter Sep 22