Real estate stocks are suddenly and finally on fire
Redfin, Opendoor and Compass have all seen their share prices rally in recent days — suggesting that after years of the cold shoulder investors are warming to the sector
by Jim Dalrymple II May 11
Inflation rises during April but continues to cool
The all items index increased 4.9% for the 12 months ending April, the smallest 12-month increase since the period ending April 2021, according to the Consumer Price Index Summary
by Ben Verde May 10
NAR chief economist: 'The Fed made a mistake'
At the Realtors Legislative Meetings' Residential Economic Issues and Trends Forum, Lawrence Yun predicted total home sales would bottom out this year before ticking up in 2024
How to talk to clients about money (and all the rest): The Download
Agents can deal with economic headwinds by understanding their buyers' mindset and helping them tap into down payment resources
by Christy Murdock May 5
Ongoing doubts about soundness of regional banks rattle investors
Shares in regional banks PacWest Bancorp and Western Alliance Bancorp tumble, and TD Bank Group and First Horizon Corp. announce they're pulling out of a merger
by Matt Carter May 4
Fed signals it may be done raising rates, but Powell won't talk pivot
Bank failures and potential debt ceiling showdown are wildcards for Federal Reserve policymakers weighing their next move as threat of recession looms
by Matt Carter May 3
Homebuyer demand for purchase mortgages up despite higher rates
Mortgage rates are expected to ease as markets anticipate Federal Reserve policymakers will raise rates just 1 more time this year and then reverse course
by Matt Carter Apr 26
Home sales will be 'subdued' for rest of 2023, Fannie Mae projects
The housing sector's resilience to higher prices and mortgage rates has bolstered prices, but a lack of for-sale inventory is expected to limit sales, according to Fannie's latest monthly forecast
by Matt Carter Apr 25
Homebuyer mortgage demand perks up as rates retreat
Homebuyer demand for purchase loans up 8% last week even after adjusting for the expected seasonal boost from the spring homebuying season
by Matt Carter Apr 12
Falling mortgage rates and home prices spur homebuyer interest
Demand for purchase loans picks up for the 4th straight week as mortgage rates continue to retreat from 2023 highs, according to a Mortgage Bankers Association survey on Wednesday
by Matt Carter Mar 29
Will spring be a bust? 4 decades of housing data tell a complex story
Past periods of high inflation and high rates — be it in 1979, 1980 or 1990 — have caused the housing market to stall. But they also didn't crush it forever, according to an Inman analysis
by Jim Dalrymple II Mar 28
Bank turmoil could spark 'modest' recession in second half of year
Fannie Mae economists say downturn won't rival the 2008 financial crisis, but jumbo mortgages and construction loans could get scarce if small and midsized regional banks tighten
by Matt Carter Mar 24
Fed Chair Jerome Powell signals latest rate hike could be the last
Mortgage rates expected to ease even as Fed vows to continue 'quantitative tightening' that's trimming mortgage holdings by $35B a month
by Matt Carter Mar 22
Homebuyer demand up 3rd week in a row as mortgage rates ease
The unusually wide 'spread' between 10-year Treasury yields and 30-year fixed-rate mortgages means mortgage rates could have more room to come down
by Matt Carter Mar 22
'All strapped in': Luxury clients face whiplash as banking fallout unfolds
The sudden change in the global banking landscape has left luxury real estate clients hanging out 'in the parking lot,' Kofi Nartey said, as they wait to see where the remaining chips will fall
by Lillian Dickerson Mar 17