Real Estate Markets & Economy
Rates keep falling as fresh data pours in, with investors who fund most mortgages still convinced the Federal Reserve will begin lowering rates in the spring to avoid strangling the economy
There were 7.5% more homesellers listing their homes in November 2023 than in November 2022, according to Realtor.com, with total inventory up as well, ending a 4-month slide
Pending sales fell 1.5% month over month in October to a reading of 71.4, the lowest score recorded since the Pending Home Sales Index began publishing in 2001
Tune in to this week's latest Inman Access class, and hear from 3 industry experts on what real estate professionals should be prioritizing to see success in today's market and in 2024
Opinion
Don't let fear keep LGBTQ+ and minority clients from realizing the benefits of homeownership. Zak Shellhammer offers ideas for becoming an advocate and adviser for all of your buyers
According to a new report from Redfin, relocating homebuyers continue to seek out more affordable locales in favor of big, expensive coastal cities
Demand for purchase loans picks up for 4th consecutive week, and bond market investors are pushing rates lower on hopes for Fed easing as inflation subsides
LA's new tax on high-priced property sales has been a drag on the real estate industry while raising far less revenue than the city expected, an Intel analysis suggests
The homes are part of the company’s 'Everything’s Included' incentive, which offers a one-stop solution for outfitting a new home
Surge in Q3 home prices pushes mortgage giants' conforming loan limits in high-cost housing markets to $1,149,825 for single-unit properties, and up to $2,211,600 for 4-unit properties
LendingTree's latest consumer survey revealed 35% of Americans hope the market will crash in the next 12 months. They believe an economic downturn will lower mortgage rates and home prices
National home prices climbed 3.9% from a year earlier in September and were up 0.7% from the previous month. Detroit was the market with the highest price growth, followed by San Diego
The pilot program, dubbed 'Plus One ADU,' draws on a $2.6M grant from New York State Homes and Community Renewal. As many as 15 eligible single-family homeowners will receive funds
Opinion
According to Keller Williams Head of Inclusion and Belonging Julia Lashay Israel, the Sitzer | Burnett commission case has broad implications for the accessibility of homeownership
Sales of newly built single-family homes clocked in at a seasonally adjusted annual rate of 679,000 during the month of October
Two closely watched forecasts agree that mortgage rates have probably peaked, but the MBA and Fannie Mae diverge sharply on how quickly they'll come down over the next 2 years
Requests for purchase loans were up 4% last week compared to the week before, but down 20% from the same time a year ago, Mortgage Bankers Association's weekly survey of lenders finds