Keller Williams releases updated homebuying guidebook
'Your First Home' is designed to be a guide for new real estate consumers. The book is now in its second edition and includes updated information on an array of timely topics
by Jim Dalrymple II Sep 13
No retailer captured the dream of 'home' quite like Bed Bath & Beyond
The home goods retailer was not only a store that had everything a person might want for a home, but it symbolized the very American dream of homeownership. Today it's fighting for survival
by Jim Dalrymple II Sep 9
Mortgage demand flattens as rates make another run toward 6%
No sign of a rebound in purchase applications, but August data showing a strong job market 'should support housing demand,' MBA economist says
by Matt Carter Sep 7
United Wholesale Mortgage is gunning for retail rivals' customers
United Wholesale Mortgage, the nation's biggest wholesale mortgage lender, is slashing rates and urging retail loan officers to defect to independent mortgage brokerages
by Matt Carter Sep 7
US home equity has reached new heights. What happens next?
Gains in household real estate equity have far outpaced growth in US mortgage debt, according to new numbers from the Federal Reserve board
by Daniel Houston Sep 6
Mortgage rates, home prices continue to weigh on buyer demand
Purchase applications have declined in 8 of the last 9 weeks, according to a weekly survey by the Mortgage Bankers Association released on Wednesday
by Matt Carter Aug 31
Housing is cooling. In some places, rents have yet to get the memo
In more than half of America's largest cities, rents continue to post double-digit annual growth. And in some cases, they're speeding up, according to Zumper’s most recent report
by Daniel Houston Aug 29
Mortgage rates hold steady after Fed inflation warning
Fed Chair Jerome Powell's Jackson Hole speech spooks stock market investors, but long-term interest rates stable as bond markets bet on slowdown next year
by Matt Carter Aug 26
First-time homebuyers may be driving FHA, VA loan surge
Applications for government-backed purchase mortgages were up 4% week over week, accounting for nearly 1 in 4 loan requests from homebuyers, according to the Mortgage Bankers Association
by Matt Carter Aug 24
Gary Keller: The current market is 'the most confusing I've ever seen'
At Keller Williams' annual Mega Camp conference, founder Gary Keller prepared agents for a rough 2023 as slowing home sales and other economic factors push everyone to the brink
by Marian McPherson Aug 23
Home sales projected to fall 16.2%, Fannie Mae says in new forecast
Economists expect 5.78 million homes to change hands this year, representing a 16.2% decline from a year ago — a steeper drop than the 15.6% pullback forecast in July
by Matt Carter Aug 22
Demand for mortgages hits lowest level in more than 20 years
High mortgage rates, challenging affordability and a gloomier economic outlook are keeping buyers on the sidelines, Mortgage Bankers Association forecaster Joel Kan said
by Matt Carter Aug 17
New home starts fall sharply: 'The whole housing sector is in retreat'
The number of new construction projects for single-family homes dropped by 10% in July, the steepest decline of the year, according to the US Department of Housing and Urban Development
by Daniel Houston Aug 16
Loan applications for home purchases continue 6-week slip
Purchase loan activity has dropped in 5 of the last 6 weeks as some buyers remain wary, according to the Mortgage Bankers Association
by Daniel Houston Aug 11
Homebuyer activity shows pulse as mortgage rates dip below 5%
Redfin's Homebuyer Demand Index rose 7 points during the last week of July, while mortgage purchase applications rose for the first time in 5 weeks, according to new data released Monday
by Ben Verde Aug 8