Young renters' inflation rate lower than general population: Study
Gen Zers and millennials who signed new leases in December saw their cost of goods and services increase 5.6% and 6.1%, respectively, according to a new report by Redfin
by Ben Verde Feb 8
Mass rounds of real estate layoffs still the exception, not the norm
Despite big rounds of layoffs by companies like Compass and Anywhere, payrolls throughout the real estate industry held firm in January, according to new US Bureau of Labor Statistics' report
by Daniel Houston Feb 3
Homebuyer demand for mortgages up for second week in a row
Purchase loan requests rise 3% week over week as mortgage rates ease but remain down 39% from the same time a year ago
by Matt Carter Jan 25
Home prices are looking softer to Fannie Mae economists
National home prices are projected to fall 6.7% over the next 2 years, with sales also expected to drop 21% this year to a level not seen since 2010, Fannie Mae forecasters said
by Matt Carter Jan 20
Mauricio Umansky and globe
'The key takeaway is this,' CEO Mauricio Umansky said of this year's report. 'Housing remains a primary investment for the world’s most affluent citizens and a safe hedge against inflation'
by Lillian Dickerson Jan 19
Homebuyer loan requests jump 25% as mortgage rates continue to fall
After 2 months of declines, mortgage rates are now at their lowest level since September with potential to spur spring homebuying: MBA economist
by Matt Carter Jan 18
Agree to disagree: 11 real estate leaders dust off crystal ball for 2023
The market isn't done falling but could soon stabilize, according to a survey of real estate executives and economists conducted by Point
by Daniel Houston Jan 17
Brokerage executives predict falling profits, economic decline in 2023
Real estate leaders are pessimistic about the state of the economy, but nevertheless upbeat about their ability to take share in a chaotic market, according to a new survey from Delta Media Group
by Jim Dalrymple II Jan 12
‘The gate is beginning to open’: Big inflation drop may aid homebuyers
The once-frantic pace of consumer price growth has been slowing for months, which may bode well for buyers' budgets — and financing, according to new data from Bureau of Labor Statistics
by Daniel Houston Jan 12
Homebuyer sentiment ticks up again on signs of market top
More consumers are coming around to economists' views that home prices and mortgage rates probably peaked last year, according to a monthly survey by Fannie Mae
by Matt Carter Jan 9
Luxury holds steady despite overall Manhattan market slowdown in Q4
As prices and transaction volume both fell in Manhattan's market at large year over year, luxury properties priced at or above $10M still managed to perform well to close out 2022
The biggest mortgage, lending and housing finance stories of 2022
The industry dodged a meltdown, but skyrocketing mortgage rates fueled a rush to 'right size' and helped crown a new leader in mortgage lending
by Matt Carter Dec 28
Homes could get more affordable even if prices don't come down
Homebuyer affordability could improve by 9% by the end of next year if mortgage rates continue to fall and home prices plateau as expected, First American economist predicts
by Matt Carter Dec 27
Improved mortgage rate outlook could bode well for home sales
Fannie Mae economists not quite as gloomy about 2023 home sales outlook as mortgage rates retreat from 2022 highs and with potentially more room to ease
by Matt Carter Dec 19
A sales uptick in 2023? Zillow's senior economist thinks it's likely
During a Connect Now session on Thursday, Zillow Senior Economist Dr. Orphe Divounguy predicted affordability will 'stabilize' in 2023, setting the stage for an increase in home sales
by Andrea V. Brambila Dec 15