Pending home sales jump as buyers eye lower mortgage rates
Contract signings jumped 6.1% in March. That represents the biggest monthly gain since December 2023, according to the National Association of Realtors
by Richelle Hammiel Apr 30
Weak February jobs report moves the needle on mortgage rates
Mortgage rates eased Friday as investors took stock of new data showing employers added 151,000 workers to their payrolls in February and the unemployment rate ticked up to 4.1%
by Matt Carter Mar 7
Hiring slows and unemployment rises, boosting odds of Fed rate cut
Employers added 227,000 workers to their payrolls in November, but with 7.1 million Americans out of work, the unemployment rate is back up to 4.2%, the Bureau of Labor Statistics reports
by Matt Carter Dec 6
Pending home sales rise for 3rd month, driven by higher inventory
Driven by an improved housing inventory, pending home sales rose modestly in October, marking its third-consecutive monthly increase, according to data released on Wednesday by NAR
by Richelle Hammiel Nov 27
Mortgage rates are soaring on strong September jobs report
With a soft landing seen as more likely, analysts say Fed can be more cautious about the pace of future rate cuts and mortgage rates aren't likely to fall below 6% anytime soon
by Matt Carter Oct 4
Bureau of Labor Statistics revises job growth downward by 818K
Numbers suggest that the labor market cooled off much faster than previously thought. The Federal Reserve now has a case to make a bigger cut in interest rates come September
by Lillian Dickerson Aug 21
Zillow economist identifies 11 cities primed for real estate investors
Zillow Chief Economist Skylar Olsen said these markets are ideal cities for real estate investors to purchase properties in the coming years
by Ben Verde Mar 12
Hiring is on the rise, but also worse than once thought. What gives?
Real estate didn't shed an unusual number of workers in August. But there are fewer jobs than it once seemed. Intel explains the paradox
by Daniel Houston Sep 1
NAR: Housing market is 'topping out' due to inventory shortage
Lawrence Yun, chief economist for NAR, reports that the GDP is back to its pre-pandemic peak, consumers are ready to spend their stimulus checks and single-family housing starts are ramping up
by Andrea V. Brambila May 13
Fed expects stronger economic recovery to come
During the Federal Open Markets Committee meeting, the Federal Reserve reiterated its plan to maintain current economic policy until fiscal and economic goals are met
by Kelsey Ramírez Apr 7
The 10 up-and-coming markets expected to boom by 2025
Healthy job growth, affordable housing and strong home price appreciation will make these metros homebuying hotspots over the next decade
by Marian McPherson Dec 11
A turtle crawling slowly across the ground
Report across 123 markets finds rent growth basically fell flat over August
by Kimberly Manning Oct 11
Houston rent growth moderate as job market slows
Report across 123 markets finds rent growth basically fell flat over August
by Kimberly Manning Oct 11
San Francisco rent growth slows following new supply output
Report across 123 markets finds rent growth basically fell flat over August
by Kimberly Manning Oct 11
Chicago rent growth stalls amid slow job growth, report shows
Report across 123 markets finds rent growth basically fell flat over August
by Kimberly Manning Oct 10