Why millions of Americans WANT the housing market to crash
Some renters think a crash would help them buy a home. But a surprising number of homeowners also think a major downturn would be a good thing, LendingTree survey finds
by Matt Carter Dec 17
Fannie Mae forecasts 'significant regional variation' in 2025 sales
'From an affordability perspective, we think 2025 will look a lot like 2024,' Fannie Mae chief economist says, but with more inventory in Sun Belt states, Mountain West and Pacific Northwest
by Matt Carter Dec 16
5 real estate predictions for 2025 from the NAR economic summit
A remodeling 'supercycle,' heartache for first-time homebuyers and heightened activity in the South and Midwest were among the possibilities at NAR's Real Estate Forecast Summit Thursday
by Marian McPherson Dec 12
December Fed rate cut seen as a lock — then caution may prevail
The latest CPI reading is in line with expectations, but progress in the fight against inflation has stalled, economists warn. A slower pace of easing might keep mortgage rates above 6% in 2025
by Matt Carter Dec 11
Americans optimistic home prices and mortgage rates have peaked
While only 23% of Americans surveyed by mortgage giant Fannie Mae in November thought it was a good time to buy a home, that's up from 14% a year ago when mortgage rates were peaking
by Matt Carter Dec 9
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
Sustained drop in mortgage rates gets attention of homebuyers
Purchase mortgage demand picks up for the 4th week in a row to highest level since January as rates continue a post-election retreat that could have legs: MBA survey
by Matt Carter Dec 4
3 wildly divergent market paths in 2024: The good, bad and the ugly
From pricey California to Florida's downturn and Connecticut's return to boom times, an Inman analysis of listing data shows 3 regions where brokers, agents and clients are facing challenges
by Daniel Houston Dec 4
3 housing market myths that persist post-election
Worried about the election's impact on interest rates and the housing market? According to Lindsey Harn, the same fundamentals that drive the market are in operation during election years
by Lindsey Harn Dec 3
Latest inflation data ups the odds of a December Fed rate cut
Progress in taming inflation slowed in October, but futures market investors think the latest numbers increase the odds of another Federal Reserve rate cut next month
by Matt Carter Nov 27
Homebuyer interest surges on slight pullback in mortgage rates
Applications for purchase loans jumped 12% week over week and 52% from a year ago as rates dropped to 6.86%, according to a weekly survey of lenders by the Mortgage Bankers Association
by Matt Carter Nov 27
Slight pickup in homebuyer loan demand may prove short-lived
Applications for purchase mortgages were up 2% last week when compared to the week before, but down 1% from a year ago, according to MBA weekly lender survey
by Matt Carter Nov 21
Dramatic downward revisions for projected 2025 home sales: Fannie
Fannie Mae and MBA forecasts dampened expectations for projected home sales in 2025 while offering a more cautious outlook on the prospects of mortgage rates coming down in the new year
by Matt Carter Nov 21
NAR signals worst of downturn may be over as existing-home sales rise
Annual existing-home sales increased for the first time in more than 3 years in October, according to the National Association of Realtors. 'The worst of the downturn in home sales could be over.'
by Marian McPherson Nov 21
Here's how to answer today's most pressing buyer, seller questions
As 2024 draws to a close, Jimmy Burgess and Keeping Current Matters' David Childers look at some of the most common concerns clients are voicing right now
by Jimmy Burgess Nov 21