If mortgage rates continue their downward trend, specifically by 2026, many housing markets are ready to spring back to life with surprising speed. The key to unlocking these markets lies in bridging... Read more »
Regionally, pending home sales fell month-over-month in the Northeast (58.2) and South (85.3), dropping 5.7% and 4.5%, respectively. In contrast, pending home sales rose on a monthly basis in the Midwest (71.0)... Read more »
Let’s dive into what might be the biggest topic on many minds right now: housing prices. If you’re a homeowner, thinking about selling, or a hopeful buyer, listen up! The word on... Read more »
Residential construction fell to its lowest point since May 2020, according to an October U.S. Census Bureau report that was delayed by last year’s government shutdown. Widening air pockets of demand over... Read more »
Mortgage rates edged lower on Wednesday compared to the previous week, following bond market swings triggered by mixed economic indicators: a weak November jobs report and a soft but potentially overly optimistic... Read more »
On an unadjusted basis, the index decreased 6% compared with the previous week. The refinance index decreased 6% from the previous week and was 110% higher than the same week one year... Read more »
Mortgage rates fell this week and they are now far from the levels widely discussed after the election. With the final jobs report for 2024, mortgage rates made a nice move lower... Read more »
In August 2024, new home sales faced a significant decline, down 4.7% compared to the previous month, with a seasonally adjusted annual rate of 716,000 homes sold. This figure follows a notable increase of 10.6% in July, demonstrating... Read more »
If last week was any indication, it will be a busy fall for Los Angeles County’s luxury market. Signed contracts for the week ended Sept. 22 spiked nearly 42 percent from the... Read more »
According to the national real estate brokerage, only two months in the past decade have seen lower levels of home sales than last month. The first occurred in May 2020, when the... Read more »