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
Lead the next era of real estate. Join us at Inman Connect New York
2024 begins here. ICNY is a beacon for savvy real estate pros in their quests for elevated education, technology and development. Let's celebrate excellence and challenge the status quo
by Laura Monroe Sep 13
'Affordability' is a dirty word in real estate. It's time for that to change
Opinion
Lack of affordable housing, rising home prices and soaring interest rates are making the dream of homeownership perilously unachievable, writes broker, coach and consultant Zak Shellhammer
by Zak Shellhammer Sep 7
'$100K jail cell': Social media drags price point of Texas tiny homes
Is this mini-floorplan a sign of 'shrinkflation' in housing? This month, the internet weighed in on Lennar's idea of affordability at a tiny-home community in San Antonio
by Daniel Houston Aug 31
Redlining, steering, misogyny and fear: How the industry lost its way
Opinion
'Our original mission was to provide shelter and security to our communities,' writes Teri Conrad, a 16-year industry vet. 'But somewhere along the way, we got lost in pursuing wealth and power'
by Teri Conrad Aug 29
Majority of Realtor associations tap late fees to boost bottom line: NAR
Most local associations maintain fewer than 2 years of reserves and draw on late fees as the most common source of non-dues revenue, according to NAR's inaugural Association Profile
by Andrea V. Brambila Aug 25
Barbara Corcoran sees price growth of 10-15% once rates drop
Corcoran told 'Good Morning America' viewers Wednesday that she doesn't foresee prices dropping any time soon but could see them spiking once mortgage rates come down
by Ben Verde Aug 24
An economist's take on housing prices, affordability, opportunity
Opinion
Windermere Chief Economist Matthew Gardner looks at the latest numbers and the markets that still offer affordable options
by Matthew Gardner Aug 21
Texas, Florida buyers are trading civil rights for affordability: Redfin
Residents in Florida and Texas would rather live in states with abortion care and LGBTQ rights, but affordability worries force them to stay in their current states, according to a new Redfin survey
by Marian McPherson Aug 16
US needs 4.3M homes to close the affordability gap: Zillow
During 2021, there were 8M 'missing households' across the country — families without homes of their own — compared to just 3.7M housing units available for rent or sale, according to Zillow
by Ben Verde Jun 22