Pending home sales dropped 8.6% in June, suggesting a drop in home closings just around the corner, according to figures released Wednesday by the National Association of Realtors
Sales of new homes in June were at a seasonally adjusted rate of 590,000, 8% below the May rate of 642,000, and 17.4% lower than in June 2021, according to new data from the US Census Bureau
The number of adjustable-rate mortgages offered to consumers has more than tripled from the 1st half of 2021 to the 1st half of 2022, according to a new report by LendingTree
US homes, on average, spent 19 days on the market during the 4 weeks ending July 17, a full day longer than the same period in 2021, according to data released Thursday by Redfin
The layoffs come after a rapid expansion into new markets including Texas, Colorado and Idaho following a $150M Series C funding round
Out of 1,000 homeowners and 1,000 renters participating, 56% or 6 of every 10 Americans think 'right now' is a great time to buy a home, according to OnePoll on behalf of Lower
Sales of existing homes ticked down 5.4% between May and June, falling 14.2% from a year ago, as median prices rose to $416,000, according to the National Association of Realtors
Decline in purchase applications aligns with slower homebuilding activity due to reduced buyer traffic and ongoing building material shortages, according to the Mortgage Bankers Association
The US housing market and economy at large have endured a blizzard of rising home prices and climbing mortgage rates. But take shelter from the storm with these financially sound markets
The jump in May was still well above the historical average, but it was the first time in 14 months that it hadn't accelerated over the month before
Rising interest rates and a shrinking branch network are cutting into Wells Fargo's mortgage business, and bank executives say they're fine with that
More sellers dropped their asking prices in June almost everywhere in the US. In some places, more than half of homes for sale saw a cut
Purchase loan applications continue to be weaker 'due to the combination of much higher mortgage rates and the worsening economic outlook,' said MBA forecaster Joel Kan
Big names attending Luxury Connect are itching to share their secrets with the rest of the Inman community. Read on for the details of what's in store for attendees Aug. 2-3.
A new report from the US Federal Reserve suggests it was spiking demand — not a lack of homes for sale — that sent prices skyrocketing over the past 2 years