Lawrence Yun said home prices will rise 1% and sales will dip 7% next year before recovering in 2024, in contrast to a Fannie Mae forecast last month that predicted falling prices next year
Rates for several types of mortgages fell more than half a percentage point Thursday, with 30-year fixed-rate mortgages averaging 6.62%
Annual home price growth fell from 14% in the second quarter to below 9%, according to the National Association of Realtors latest quarterly metro home price report, released Thursday
Fannie and Freddie remain profitable but are setting aside pots of money to cover future losses in the event that falling home prices drive up defaults
Only 16% of those surveyed by Fannie Mae in October said it was a good time to buy a home, and the percentage who said it's a good time to sell also fell, according to new data released Monday
Homebuyers searching for price cuts on search portals are sure to get lucky if they check on this specific day of the week and check back again after 3 weeks, according to a new analysis by Zillow
Home prices posted a 0.5% decline between August and September and were up 11.4% from September 2021, according to new data
A reversal in home price growth in July deepened into August as prices declined by 0.9%, according to the latest S&P CoreLogic Case-Shiller report. They remained up 13% from last year
Compass became the largest company of its kind in the US this year, but is holding its annual gathering as the real estate industry navigates uniquely troubled waters
Several Fed policymakers have hinted that they'd be open to a smaller increase in short-term rates in December if there are signs that inflation is starting to ease
Keller said during Inman Connect, that transactions could be down nearly as much as during the Great Recession, though he added there are still opportunities for those in real estate
First-time homebuyers now make up 45% of all transactions, up from 37% of all buyers in 2021, returning to pre-pandemic levels, according to new data from Zillow released Thursday
Economists at Fannie Mae project national home prices to decline by 1.5% and home sales by 21% in 2023 as Fed continues inflation fight
Survey shows homebuyer sentiment falling for the 7th month in a row as high home prices and mortgage rates weigh on affordability, according to Fannie Mae’s latest National Housing Survey
In some of the nation's most quickly slowing housing markets, the number of new listings is twice the number of recent sales, according to an analysis by SmartAsset