How to keep your mojo up in a down market
Opinion
Negative news and tough markets can take a toll on your business and your attitude. Here's how to keep yourself focused on the positive
by James Becker Aug 23
Following 6-month slowdown, the home-sale boom may finally be over
Home sales were down 19% year over year in July, a sign the pandemic-era boom in housing demand may be in the rearview mirror, according to new data released Monday by Redfin
by Daniel Houston Aug 22
When will buyers quit canceling contracts? Not yet, apparently
More buyers have been backing out of deals than at any time since the early weeks of the pandemic. And in July, that share ticked up again, according to a new report from Redfin
by Daniel Houston Aug 16
New home starts fall sharply: 'The whole housing sector is in retreat'
The number of new construction projects for single-family homes dropped by 10% in July, the steepest decline of the year, according to the US Department of Housing and Urban Development
by Daniel Houston Aug 16
Home price growth is scaling back, but not everywhere at once: NAR
Single-family homes saw a double-digit annual rise in sale prices in 148 of 185 metro markets in Q2, but overall numbers point to a housing market in opening stages of a cooldown, report says
by Daniel Houston Aug 11
Housing ever costlier in July, despite inflation's sudden dropoff
A steep drop in gas prices offset the rising costs of housing and food for many families. Prices were still up 8.5% year over year, says a report from the US Bureau of Labor Statistics
by Daniel Houston Aug 10
More people than ever ask Google: ‘Will the housing market crash?'
Interest in the housing market has peaked on Google, with searches for whether a crash is imminent shooting up. The spike suggests homeowners are nervous about their market timing
by Daniel Houston Aug 10
Home prices down from peaks in quarter of nation's top 50 markets
Falling sales are driving inventory growth, but it will take more than a year at the current rate for listings levels to get back to normal, according to Black Knight's latest monthly Mortgage Monitor Report
by Matt Carter Aug 1
Buyer interest creeps upward as mortgage rates inch down
Redfin's Homebuyer Demand Index increased 15 points since June 15, reversing 10 straight weeks of decreasing demand that started in mid-April
by Ben Verde Jul 29
'Overvalued' Western markets see biggest share of price reductions
Despite national growth in sale prices, these markets that saw spikes in popularity and price over the past 2 years are starting to see the most price reductions, data shows
by Ben Verde Jul 27
Fed's steady approach to rate hikes could ease pressure on mortgages
Fed Chairman Jerome Powell hinted Wednesday that the US central bank is looking to dial back the pace of interest rate hikes as soon as the impact of increases shows up in inflation data
by Matt Carter Jul 27
Pending home sales take nosedive in June, signaling a bleak August
Pending home sales dropped 8.6% in June, suggesting a drop in home closings just around the corner, according to figures released Wednesday by the National Association of Realtors
by Ben Verde Jul 27
Home price growth reached point of sustained slowdown in May
Mortgage rates began to take a toll on price growth as early as this spring. But prices remained more resilient than other market indicators, according to the S&P Corelogic Case-Shiller Index
by Daniel Houston Jul 26
New home sales plummet 8% in June to 2-year low
Sales of new homes in June were at a seasonally adjusted rate of 590,000, 8% below the May rate of 642,000, and 17.4% lower than in June 2021, according to new data from the US Census Bureau
by Ben Verde Jul 26
Most Americans think now is the time to buy homes. Here's their logic
Out of 1,000 homeowners and 1,000 renters participating, 56% or 6 of every 10 Americans think 'right now' is a great time to buy a home, according to OnePoll on behalf of Lower
by Ben Verde Jul 21