As Tesla sets its sights on Austin, listing agents near plant shift gears
With news of Tesla bringing its headquarters to Austin and a factory nearing its opening, agents are advising sellers nearby to think big
by Daniel Houston Oct 12
Homeowners slam brakes on refinancing as mortgage rates rise
Prospect of higher monthly mortgage payments for homebuyers and impact on affordability also a concern, according to an analysis of mortgage pipeline data by Black Knight
by Matt Carter Oct 10
Knock Home Swap
Most Americans think it's a bad time to buy a home but a good time to sell, and high home prices are the culprit
by Matt Carter Oct 7
Fannie, Freddie loan limits set for record 50-year leap in 2022
Lenders are betting home prices kept rising in third quarter, and that they'll be able to sell bigger loans to Fannie and Freddie once conforming loan limit officially goes up on Jan. 1
by Matt Carter Oct 5
America's hottest neighborhoods: Oregon's Old Bend district
With plenty of cash and high incomes, young professionals from bustling metros have made a big imprint on the sleepy ski town of Bend, Oregon
by Daniel Houston Oct 4
Home prices could ‘moderate’ if mortgage rates keep rising
Rates for 30-year mortgages jump 13 basis points in one week as investors weigh prospects for inflation, Fed tapering
by Daniel Houston Sep 30
Are rising housing prices actually a good thing?
Opinion
Are rising housing prices a bad thing? Consumers think so. It’s critical real estate agents understand and can explain what that means for clients, the industry and the economy
by Adam Hergenrother Sep 29
Pending home sales beat projections following 2 months of declines: NAR
Pending home sales finally saw some positive growth in August, following two consecutive months of declines in June and July, the National Association of Realtors reported
by Lillian Dickerson Sep 29
Sustained surge in mortgage rates could dent home sales
Fed uncertainty and U.S. debt ceiling cliff are creating volatility in long-term interest rates
by Matt Carter Sep 28
Home prices continued to see record gains in July: FHFA
US home prices rose 1.4% between June and July 2021, and 19.2% year over year, according to a price index released Tuesday by the Federal Housing Finance Agency
by Lillian Dickerson Sep 28
Low mortgage rates keep home costs in an acceptable range
Ownership costs for the median home remain within a normal range but are nearing the point where lenders might start to balk
by Daniel Houston Sep 22
Struggling homeowners may evade foreclosure thanks to surging prices
Only 1 in 20 homes that hit the market next year will be foreclosed properties, according to a survey of real estate experts and economists
by Daniel Houston Sep 21
Home sales will cool off for the rest of this year and next: Fannie Mae
Projected growth in new home sales wouldn't offset expected drop in existing home sales
by Matt Carter Sep 20
Fewer homes sell in August than last year, a first since pandemic boom
Home sales declined in August on a seasonally adjusted basis, settling in 6% lower than the same time last year, according to new data from Redfin released Thursday
by Daniel Houston Sep 16
Prices for home construction materials dip for first time in 2021
Builders got a break in August from the price increases of previous months, but the unpredictable swings in costs remained unwelcome
by Daniel Houston Sep 14