Pending-home sales soar in August
The National Association of Realtors' Pending Home Sales Index skyrocketed 8.8% year over year in August
Mortgage rates hit new record low — but applications wane
Rates hit 3.05% for a 30-year, fixed-rate mortgage, the lowest number ever recorded by the weekly Mortgage Bankers Association survey
by Patrick Kearns Sep 30
Home price gains continue to accelerate: Case-Shiller
Home prices rose 4.8% year over year in July, according to the latest S&P CoreLogic Case-Shiller US National Home Price NSA Index
by Patrick Kearns Sep 29
Share of mortgages in forbearance drops to lowest level since April
Mortgages in forbearance decreased from 6.93% of servicers' portfolio volume to 6.87% during the week ending Sept. 20, according to the Mortgage Bankers Association
by Lillian Dickerson Sep 29
Chocolate factories, churches and courts: Residential conversions heat up
As new apartment building starts slow, commercial-to-residential apartments conversions are picking up steam as they offer renters affordability and style
by Marian McPherson Sep 29
Beyond the headlines: The number that blew through forecasts
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner discusses how new home sales exceeded the annual rate of 1M units for the first time since 2006, blowing past most predictions
by Matthew Gardner Sep 29
Take Inman's latest coronavirus survey here
The pandemic continues to roil the economy and disrupt daily life. Let Inman know how you're doing right now
by Jim Dalrymple II Sep 28
As new home sales soar, listings take a dip in August
New listings of newly constructed homes decreased 4.1% year over year to a seasonally adjusted rate of 74,000 in August, according to a report on Friday from Redfin
by Lillian Dickerson Sep 25
Home price growth stays strong for now — but the future is murky
After forecasting housing price declines of approximately 0.3% this year, experts have adjusted those predictions this quarter to reflect an increase in prices by 3.7%
by Lillian Dickerson Sep 24
New home sales break 1M mark for first time since 2006
Low-interest rates and a lack of existing homes pushed new-homes sales to a new high, according to the US Census Bureau and Department of Housing and Urban Development
by Marian McPherson Sep 24
Homebuyer migration rates reach highest level since 2017: Redfin
At a national level, 28.7% of Redfin.com users looked to move to a different metro area during July and August, according to the brokerage's latest migration report
by Lillian Dickerson Sep 24
Homeownership affordability drops in two-thirds of U.S.
Median prices of single-family homes and condos are now less affordable than historical averages in 63% of counties, up from 54% one year ago, according to a new report
by Lillian Dickerson Sep 23
Home prices soared to 30-year high between May and July: FHFA
Home prices rose 6.5% year over year in July and 1% month over month, according to data released Wednesday by the Federal Housing Finance Agency
by Patrick Kearns Sep 23
Birthplace of atomic bomb named nation's healthiest county
Los Alamos County, New Mexico, is the nation's healthiest county, according to 'US News & World Report.' The former nuclear site ranked high in public health and housing
by Marian McPherson Sep 22
A neighborhood's racial makeup impacts home values more now than it did in 1980
The race home appraisal gap has doubled since 1980, according to a new study published in the sociological journal Social Problems
by Lillian Dickerson Sep 22
Existing-home sales soar to highest level since 2006
Total existing-home sales climbed 10.5% from the year prior in August, according to data released Tuesday by the National Association of Realtors
by Patrick Kearns Sep 22