In August, nearly half of all US homes had been on the market for 60 days or more, according to Redfin. Days on market has ticked up as high rates have slowed sales
New-home sales rose 9.8% YOY to a seasonally adjusted annual rate of 716K in August. However, an influx of existing-home inventory could pose a challenge to new-home sales into the fall
Home prices continued to break records in July, according to reports released by S&P Dow Jones and FHFA on Tuesday. Some economists said lower rates may fuel demand, pushing prices higher
It will take more than recent rate cuts for a recovery in home sales to gain traction, a new analysis of market data and economic forecasts suggests. Intel explores what's at stake for the fall market
Falling mortgage rates should help boost home sales by nearly 10% next year. But in the meantime, inventory shortages and affordability challenges are keeping a lid on sales in many markets
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers
In this exclusive video series on Inman, Windermere’s Principal Economist Jeff Tucker illuminates the latest stats, reports and numbers you should know. This week: The Fed's latest rate cut
Fed easing was already priced into mortgage rates, but there's room for more relief if investors who fund most home loans get less skittish about prepayment risk and quantitative tightening
Existing-home sales fell 4.2% year over year to a seasonally adjusted rate of 3.86M in August as buyers awaited the Fed's decision to cut rates, according to National Association of Realtors data
Central bank policymakers drop short-term rates by 1/2 percentage point and signal more cuts ahead, but much of the impact may have already been priced in to mortgage rates
Lenders have gotten into the habit of helping some homebuyers avoid jumbo loans by raising their limits before an official announcement by Fannie Mae and Freddie Mac's federal regulator
Investors who fund most mortgages have already priced in several rate cuts, so further declines could depend on what next week's 'dot plot' says about expectations for the pace of future cuts
A new 'Wall Street Journal' report reveals that talks about privatization have been taking place since the spring and have included Trump confidants Larry Kudlow and John McEntee
In August, mortgage rate locks for second homes fell 13.1% year-over-year to the lowest level since March 2016 on a seasonally adjusted basis
A surprisingly large increase in core CPI, which excludes volatile food and energy prices, means Fed policymakers are likely to start out with a modest 25 basis-point rate cut next week