Existing-home sales fell 4.2% year over year to a seasonally adjusted rate of 3.86M in August as buyers awaited the Fed's decision to cut rates, according to National Association of Realtors data
If mortgage rates fall by another percentage point, ICE Mortgage sees homebuyers' monthly payment dropping by $236 and nearly 7.2 million homeowners 'in the money' for a refinance
Buyer anxiety around prices and the election precipitated the fall as the National Association of Realtors' Pending Home Sales Index declined 5.5%, to 70.2, the lowest index reading in 23 years
Active homebuyers are motivated by numerous factors — including a desire to find a larger or nicer home in this high-rate environment — according to the latest Inman-Dig Insights consumer survey
Affordability challenges will limit growth in home sales to 0.5% this year — to just 4.78M — before surging to 5.19M in 2025, according to the latest housing forecast from Fannie Mae economists
Affordability and a plethora of amenities vaulted Gahanna, Ohio, to the top of Realtor.com's 2024 hottest ZIP codes list. ZIP codes in Missouri and Indiana made the list, too
A new report in 'The Wall Street Journal' found that baby boomers had an easier time navigating real estate market challenges in the 1980s than millennials do today.
A surprise drop in mortgage rates got homebuyers off the sidelines and into home tours. However, affordability and recessionary concerns have kept buyers from making purchases
Discover key brokerage takeaways from Inman Connect Las Vegas that will help you enhance you practices, leverage technology and navigate the evolving real estate landscape
NAR President Kevin Sears sat down at ICLV with Clelia Warburg Peters to talk about the trade group's past and future, including a return to advocacy and transparency
Zillow Senior Economist Orphe Divounguy says it will be up to agents to bring sellers with unrealistic expectations about what the market will bear back down to Earth
In June, 5 of the top US markets showed improvement in housing affordability and supply, according to First American, while other markets with more inventory still saw rising costs
California is home to nearly half of all cities where it costs at least $1M to buy a starter home. Nationwide, 237 cities are now 'million-dollar' cities, according to a new report from Zillow
Applications for purchase mortgages dropped last week for the 2nd week in a row as rising home prices continue to shut many would-be homebuyers out of the market: MBA survey
As for-sale listings continue to surge, many would-be homebuyers are still having trouble finding properties that they can afford. Prices are already coming down in some markets