What does a new Fed chair mean for real estate agents?
Industry leaders weigh in on what Kevin Warsh's Fed confirmation means for mortgage rates
by Jessi Healey May 13
Shutdown slowing FHA, VA approvals; USDA loans are on hold
The FHA's Office of Single Family Housing and some of its mortgage insurance programs are 'operational but with limited services,' HUD said in bulletin to lenders
by Matt Carter Oct 8
Why high-end buyers are still spending big on luxury real estate
High-net-worth consumers are still purchasing houses as they seek strategic investments and relative safety amid tumultuous times
by Lillian Dickerson Jul 15
Home price appreciation seen as cooling as inventories grow
Experts surveyed by Fannie Mae expect national home prices to slow to 3.4% this year. Median list prices are down by 10% or more from a year ago in 69 markets
by Matt Carter Apr 15
Fed pauses rate cuts, continues mortgage 'quantitative tightening'
Trump wants the central bank to lower rates. Fed Chair Jerome Powell says he's not spoken to the President, and that 'we don't need to be in a hurry to adjust the policy stance'
by Matt Carter Jan 29
Historic wildfires will undeniably exacerbate LA's housing shortage
Rents are expected to 'surge,' said CoreLogic's chief economist. How much of a housing shortage the county faces is unknown as families decide in coming months whether they will even stay in LA
by Lillian Dickerson Jan 10
US home prices rise modestly amid affordability strains
US home prices were up in August, with both the Federal Housing Finance Agency (FHFA) and S&P CoreLogic Case-Shiller Indices recording a 4.2% annual gain
by Richelle Hammiel Oct 29
Fed cool on rate cuts despite encouraging May inflation report
Policymakers now envision making just one rate cut this year, but investors who fund most mortgages are still betting the central bank will change its tune if inflation continues to ease
by Matt Carter Jun 12
US home prices tally biggest uptick of 2023 amid steep mortgage rates
The S&P CoreLogic Case-Shiller National Home Price Index posted a yearly increase of 4.8% in October, the fastest annual rate gain of 2023 and 'the strongest national growth rate since 2022'
by Ben Verde Dec 26
Mortgage rates edge up on surprisingly strong jobs report
Employers added 199,000 workers to their payrolls in November, a sign that the economy may achieve a soft landing but making Fed spring rate cuts less likely
by Matt Carter Dec 8
Homebuyers seizing the day as mortgage rates continue to slide
Demand for purchase loans picks up for 4th consecutive week, and bond market investors are pushing rates lower on hopes for Fed easing as inflation subsides
by Matt Carter Nov 29
Existing-home sales fall to 13-year low despite strong buyer demand
Existing sales fell 4.1% in October to an annual rate of 3.79M, the lowest since 2010, according to data from NAR. Nonetheless, multiple offers are still happening, economist Lawrence Yun said
by Ben Verde Nov 21
2023 fall outlook: A cooler season roiled by homebuyer-seller friction
Commissions will take a hit from the seasonal real estate transaction fall-off. But unlike last year, home price growth may gain steam, according to an Intel analysis of housing market projections
by Daniel Houston Sep 13
US home prices near 2022 high as prices rise for fifth-straight month
US home prices rose to within 0.02% of an all-time high tallied in June 2022 as cities nationwide posted a fifth month of increases, according to data released Tuesday by CoreLogic and the FHFA
by Ben Verde Aug 29
Barbara Corcoran sees price growth of 10-15% once rates drop
Corcoran told 'Good Morning America' viewers Wednesday that she doesn't foresee prices dropping any time soon but could see them spiking once mortgage rates come down
by Ben Verde Aug 24