Median home-sale price reaches all-time high of $335,613
Although the market is currently red-hot, Redfin's latest report released on Friday revealed that homebuyers may give up as home prices continue to grow
by Marian McPherson Apr 2
Mortgage rates unfazed by Biden infrastructure plan
Upward pressure on rates still expected in the long term
by Matt Carter Apr 1
Realtors praise Biden infrastructure plan's focus on housing shortage
The American Jobs Plan proposes building and retrofitting more than 2M homes and commercial buildings
New jobless claims see unexpected rise, surpassing pre-COVID record
Initial jobless claims for the week ending March 27 rose to 719,000, a number that surpassed the pre-coronavirus record, just one week after filings hit a pandemic low
Homes have literally never been more expensive
The median listing price for US homes hit $370,000 in March, according to a new report. That's higher than it has ever been in the past
by Jim Dalrymple II Apr 1
Rising rates take toll on mortgage demand
Applications for refinancings and purchase loans are both down from a week ago
by Matt Carter Mar 31
Pending-home sales fall 10.6%
Pending-home sales also declined on an annual basis for the first time in 8 consecutive months, according to the National Association of Realtors
by Lillian Dickerson Mar 31
A house in Washington, DC, nabbed 88 offers — 76 of them all-cash
At least 15 of the offers on the suburban fixer upper were made sight unseen. The situation highlights the brutally competitive housing market buyers are facing across the U.S.
by Jim Dalrymple II Mar 30
Home price growth continues steep upward trajectory: Case-Shiller
Home prices rose by 11.2%, according to the latest S&P/Case-Shiller US National Home Price Index
Beyond the headlines: What to expect with rising mortgage rates
Opinion
Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner dives into recent housing data releases and predicts how the market will fare
by Matthew Gardner Mar 30
Share of homeowners who can't pay their mortgage hits new low
The number of mortgages in forbearance dropped below 5% first time since the start of the pandemic
by Matt Carter Mar 29
Rents rise in suburban and rural areas, remain flat in urban centers
Recent data from Zumper shows that suburban and rural rents grew 5 to 7 percent more than urban rents over the last year. However, some secondary cities that thrived during the pandemic are now starting to see rent declines
by Lillian Dickerson Mar 29
America's hottest neighborhoods: Oak Park in Sacramento, California
Oak Park is well located, filled with trendy shops and more affordable than many other amenity-rich neighborhoods in California
by Jim Dalrymple II Mar 29
New home sales hit 9-month low in February
February's seasonally adjusted annual rate of 775,000 was down 18.2% from January's revised rate of 948,000
by Lillian Dickerson Mar 23
How to protect your buyers from appraisal catastrophes
With multiple offers being the order of the day, buyers are overbidding to outgun their competitors. What happens if an appraisal comes back low? Here are a few important steps to take before writing an over-asking offer
by Carl Medford Mar 23
Rising rates and low inventory cause home sales to plummet
Existing-home sales were down 6.6% from January to February, according to data released Monday from the National Association of Realtors
by Patrick Kearns Mar 22