Home price appreciation seen as cooling as inventories grow
Experts surveyed by Fannie Mae expect national home prices to slow to 3.4% this year. Median list prices are down by 10% or more from a year ago in 69 markets
by Matt Carter Apr 15
Buying vs. renting: The income gap is widening, Redfin says
The typical American now needs to earn over $116,600 annually to afford a median-priced home in the US, compared to just $64,160 needed to afford an average apartment, according to Redfin
by Richelle Hammiel Apr 10
Record down payments reveal a divided housing market
According to a new report from Realtor.com, the national average down payment hit 14.4% and $30,250 in Q4. The biggest gains came from the Northeast and Midwest
by Richelle Hammiel Apr 9
US home prices rose modestly in January, led by NYC and Chicago
The FHFA Housing Price Index posted a 4.8% annual growth rate while the S&P CoreLogic Case-Shiller Indices showed a slightly lower increase of 4.1%, according to new data released Tuesday
by Richelle Hammiel Mar 25
Renting becomes sign of wealth as many opt against homebuying
Cities in California, North Carolina, Florida and New York have seen a surge in wealthy renters compared to pandemic numbers
by Richelle Hammiel Mar 11
A small but growing minority think it's a good time to buy a home
While only 1 in 4 Americans surveyed last month by mortgage giant Fannie Mae said its was a good time to buy a home, that's up from an all-time low of 14% last spring
by Matt Carter Mar 7
Want to get more for your sellers? List in late May
Despite a slow start to the year, Zillow's latest report said May might be a potential goldmine for homesellers. Listings that go live during the last two weeks of May receive a premium of $5,600
by Marian McPherson Mar 6
Agents are less confident about client pipelines, but positive overall
Early results from February's Intel Index survey show agents pulling back slightly from confidence they had in recent months about buyer and seller client pipelines improving in the next year
Pending home sales fall 4.6% to an all-time low, NAR says
The Pending Home Sales Index (PHSI), which tracks home sales based on contract signings, dropped 4.6% to 70.6 in January, marking an all-time low, according to NAR data
by Richelle Hammiel Feb 27
December home prices extend decade-long growth streak
The FHFA Housing Price Index (HPI) and the S&P CoreLogic Case-Shiller Indices reported annual growth of 4.5% and 3.9%, continuing a streak of quarterly appreciation since 2012
by Richelle Hammiel Feb 25
'Now is the time to buy,' rising share of consumers declare: Intel survey
Early signs suggest consumers may be feeling more hopeful about prices and mortgage rates, and increasingly see 2025 as a good time to buy, new Inman-Dig Insights consumer polling shows
by Lillian Dickerson Feb 24
Housing market challenges aren't over yet, Barbara Corcoran warns
In an appearance Thursday on 'Mornings with Maria' on Fox Business, Barbara Corcoran warned that buyers and sellers aren't out of the woods when it comes to the challenges of today's market
by Richelle Hammiel Feb 10
Anxiety over mortgage rates, rent and home prices begins to mount
Inflation expectations surged after President Donald Trump announced plans to impose tariffs on goods from China, Canada and Mexico, a new University of Michigan survey of consumers finds
by Matt Carter Feb 10
Homebuyers remain sidelined despite more listing options
Over the 4 weeks ending Feb. 2, new listings across the US have jumped 7.9% from last year to 76,194, the largest increase since late 2024, according to Redfin's analysis
by Richelle Hammiel Feb 6
Home prices continued to climb in most US metro areas in Q4: NAR
Home prices have continued their upward trend in Q4 2024, with 89% of US metro areas seeing an increase in single-family existing-home prices, according to data released Thursday by NAR
by Richelle Hammiel Feb 6