Home showings dip in December, but slowdown may be easing
Showings were way down year over year but only dipped a little bit month over month, according to a new report from ShowingTime. They remain up compared to pre-pandemic levels
by Jim Dalrymple II Feb 1
2023 may sink some agents — and that may not be a bad thing
Economic downturns have historically shrunk the number of practicing Realtors. But those who stick around can end up doing even more deals, economists told Inman Intel
by Jim Dalrymple II Feb 1
Pending home sales trend up for first time since last spring
In a positive sign for the real estate industry — and the spring homebuying season — pending home sales rose in December for the first time since May 2022, increasing 2.5% from November
by Lillian Dickerson Jan 27
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
Rates may ease, but affordability tools will still be in demand
Zillow, UWM executives are optimistic mortgage rates will come back down but advised real estate agents at Inman Connect New York on Tuesday to get familiar with affordability tools
by Matt Carter Jan 24
NAR: New Fannie and Freddie mortgage fees will hit middle class
The mortgage giants' federal regulator eliminates upfront fees for first-time homebuyers of limited means, but some better-off borrowers will see increases starting May 1
by Matt Carter Jan 20
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
Mortgage rate swing created 'more normal' market in December
Slowing mortgage rate growth impacted homebuyers and sellers in different ways in December, according to Zillow's latest market report.
by Marian McPherson 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
Glenn Kelman calls millennials 'the roommate generation'
In an appearance on 'Barron's Live,' Redfin's CEO explained how rising mortgage rates have trapped homeowners and homebuyers into a housing purgatory, tough for anyone to make a move
by Marian McPherson Jan 12
Is the housing market responsible for eXp's lagging growth? The Real Word
Opinion
This week, Byron Lazine and Nicole White are talking about the lagging growth at eXp, rising consumer confidence and the weekly media review Left, Middle, Right
by Byron Lazine Jan 12
Refis ramp up as rates fall to 6.28% — but homebuyers stay on the fence
Requests to refinance accounted for 31% of all loan applications last week, well below the past decade’s average of 58%, according to a weekly MBA lender survey
by Matt Carter Jan 11
Cordless Media ads on MLSs will provide real-time mortgage rates
Ad marketplace is first to implement Optimal Blue's new lead-quoting application programming interface, allowing ads to display rates from multiple lenders
by Matt Carter Jan 10