Homebuyers cancelled 15.5% of home-purchase agreements in August — the highest level since 2017. The primary reason was an inability to work through inspection issues, Redfin said
The share of mortgaged homeowners with rates of at least 6 percent has risen to nearly 20 percent, Redfin said, signaling the potential end of a years-long 'lock-in effect'
NAR Chief Economist Lawrence Yun said lower mortgage rates were bringing buyers to market. Bright MLS Chief Economist Dr. Lisa Sturtevant said hopes for a fall rebound should stay tempered
Realtor.com's August market report revealed the emergence of a balanced market. The report also indicates economic headwinds are suppressing sales
Last week, Inman staff writers and contributors had governmental and economic shifts on the brain, writing about rates, sales trends and the national debt
Pending home sales, a leading indicator of expected home sale closings, fell 0.4% nationally in July, according to National Association of Realtors data
A new analysis of Redfin data shows where homes are sitting, where sellers are pulling back and where prices are rising and falling the most amid ongoing slow market
A growing number of homes sitting longer on the market has made buyers more relaxed about transacting, causing some to wait it out or even cancel contracts because they have more options
Mortgage rates have stabilized and more inventory is coming online, but applications for purchase loans fell by a seasonally adjusted 6% last week compared to the week before
Pending home sales fell MOM and YOY in June, according to the National Association of Realtors. Economists are split on what the decline means as buyers navigate wider economic fears
Elevated mortgage rates, weakening home price growth and uncertainty from Trump's tariff policy are setting the housing market on a dangerous path, Moody's economist Mark Zandi said on X
New numbers from the National Association of Realtors show that pending sales rose 1.1% year over year in May
According to Redfin's data, pending home sales dipped 0.4% year over year to the lowest May level since 2020. Part of that was attributed to sky-high costs and economic uncertainty
Despite a flood of new listings, buyers are cooling off from high prices, rising mortgage rates and economic uncertainty, according to new reports from Zillow and Redfin
Contract signings jumped 6.1% in March. That represents the biggest monthly gain since December 2023, according to the National Association of Realtors