Economic Outlook: Recession may be what drives rates down in 2024
Does the rapid slowdown in the economy mean a recession is now inevitable in the new year, or is a 'soft landing' still possible? Economists are divided on the nation's economic outlook for 2024
by Matt Carter Jan 8
Pandemic relocation boom wanes as remote work, cheap houses fade
The share of US homebuyers looking to move to a different city declined for the 3rd straight month in November, according to a new report from Redfin
by Ben Verde Jan 2
Buyers' market to usher in 'season of hope' in 2024, Redfin projects
Falling home prices and mortgage rates are on tap for buyers and sellers — not to mention a presidential election that could hinge on housing issues, according to Redfin's outlook for 2024
by Ben Verde Dec 5
Affordability, inventory, rates: An economist's 2024 housing outlook
Opinion
Windermere Real Estate Chief Economist Matthew Gardner offers his 2024 forecast for interest rates, home values and the potential for a housing market recovery
by Matthew Gardner Dec 5
How the Sitzer | Burnett decision hurts minority homebuyers
Opinion
According to Keller Williams Head of Inclusion and Belonging Julia Lashay Israel, the Sitzer | Burnett commission case has broad implications for the accessibility of homeownership
Adam Contos reflects on leadership, embracing technology
As part of his Snapshot series, Brandon Doyle peers into the mind of a distinguished leader who's helped shape the real estate landscape on a global scale: Adam Contos, former CEO of RE/MAX
by Brandon Doyle Nov 16
The 2023 homebuyer: Wealthier, older and less likely to be white
The median household income of the typical United States homebuyer jumped 22% between 2022 and 2023, according to a new study
by Ben Verde Nov 13
Lack of access to credit keeps Black neighborhoods in rental loop
Access to safe credit building is limited in Black neighborhoods, Zillow reported, highlighting lingering effects of redlining that keep those households renting instead of owning a home
'The new norm is tough': Ivy Zelman on the future of the housing market
In her Inman Connect conversation, Ivy Zelman said she doesn't see the a repeat of 2008, but she also doesn't expect the market to get easier for anyone anytime soon
by Ben Verde Nov 1
Existing-home sales droop as mortgage rates hit 20-year highs
Home sales fell 2% between August and September and retreated 15.4% from a year ago as prices and interest rates climbed
by Ben Verde Oct 19
Housing groups including NAR float wonky idea to cut mortgage rates
NAR united with lending groups on Thursday to urge the Fed to maintain its current mortgage holdings in order to narrow a wide 'spread' between 10-year Treasurys and rising mortgage rates
by Matt Carter Oct 13
Intel unpacks the startling price of entry into the US housing market
Economists, homeowners and agents broke down the alarming but true cost of buying property in 2023, telling Intel that rising rates and home prices are only the start for wallet-stretched buyers
by Marian McPherson Oct 4
Homes are no longer affordable for the average American, report says
Home prices could be reaching a breaking point, new report says, as housing affordability drops to lowest level since 2007. The median price of homes and condos is a record $351,250
by Taylor Anderson Sep 29
Record share of homebuyers flee into the path of climate change
People are concerned about the changing climate's impact on their hometowns, but they're more concerned about a lack of housing affordability, according to a new report from Redfin
by Taylor Anderson Sep 27
Homebuilder confidence tanks as mortgage rates rise
Builder sentiment for newly built single-family homes slid five points to a score of 45, the second straight month of steep decreases
by Ben Verde Sep 20