If home prices don't cool, watch for Fed tightening and rising mortgage rates
Fannie Mae economists warn rising rents and record home price appreciation could help fuel inflation
by Matt Carter Jul 19
Percentage of all-cash home purchases in US soars to 30%
That figure represents the largest share of homes purchased in all cash since 2014, according to Redfin
by Lillian Dickerson Jul 15
Buyers could see more affordable homes in the next 6 months
A recent Homes.com survey found that most prospective sellers plan to list homes valued at less than $300K
by Andrea V. Brambila Jul 12
Exterior view of Custom styled home with manicured lawn and landscaping.
Rates on jumbo loans are currently lower than conventional mortgages, but could surge higher in the months ahead
by Matt Carter Jul 12
Home price growth hits new record in April: FHFA
Home prices rose 1.8% in April from the previous month and 15.7% year over year, according to the Federal Housing Finance Agency. Both figures represent record growth for the HPI
by Lillian Dickerson Jun 29
A senior couple enjoying the sunset
Homeowners with low mortgage rates and seniors choosing to age in place aren't eager to sell, according to a new analysis by First American Financial Corp.
by Matt Carter Jun 22
Summer market will be hot, but not scorching, economists say at Inman Connect
Daryl Fairweather of Redfin and Jeff Tucker of Zillow said during a panel that the market would continue to be strong through the end of 2021
by Lillian Dickerson Jun 16
Fannie Mae has 'meaningfully downgraded' its forecast for 2021 home sales
As listing shortages and supply constraints on homebuilders drive up prices, risk of inflation grows, economists with Fannie Mae's Economic and Strategic Research Group said
by Matt Carter Jun 16
Inventory shortage sends home prices soaring at record rate
14.8% annual home price growth is the highest seen in Black Knight data going back nearly 30 years
by Matt Carter Jun 7
Demand soars for high-end homes
The number of sales involving higher-end homes rose by 26% year over year, outpacing the less expensive end of the market, according to a new analysis by Redfin
by Daniel Houston Jun 2
Home prices rise by 13% from last year: CoreLogic
This is the third month in a row that home prices across the country have seen double-digit annual growth
Home affordability drops for first time in more than 2 years
The First American Real House Price Index found that home price gains wiped out affordability boost from rising household income and low mortgage rates
by Matt Carter May 24
NAR: Housing market is 'topping out' due to inventory shortage
Lawrence Yun, chief economist for NAR, reports that the GDP is back to its pre-pandemic peak, consumers are ready to spend their stimulus checks and single-family housing starts are ramping up
by Andrea V. Brambila May 13
89% of all metro areas saw double-digit home price gains in Q1
Amid widespread annual home price growth, 89% of all metros saw double-digit price gains, according to the National Association of Realtor's First Quarter Metro Home Prices report
by Lillian Dickerson May 11
homeseller profits
The typical home sale in the first three months of 2021 generated a profit of $70,050, up from $55,750 in the same period last year
by Kelsey Ramírez Apr 30