As the housing market navigates through unprecedented challenges, the spotlight is on 2024 as a potential turning point. Insights from Realtor.com® reveal a nuanced outlook, with Chief Economist Danielle Hale suggesting incremental... Read more »
Pending home sales in October fell to their lowest level since 2001. As mortgage rates edged near multi-decade highs, pending home sales declined 1.5% in October on a month-over-month basis, according to... Read more »
Key Highlights Pending home sales decreased last month, down 1.5% from September. Month over month, contract signings intensified in the Northeast but diminished in the Midwest, South and West. Pending home sales... Read more »
Buying a home is a major life milestone, and it can be especially daunting for first-time homebuyers. The down payment, closing costs, and monthly mortgage payments can all add up to a... Read more »
Record high home prices continue to inch higher, even as homebuilders offer discounts and build a higher rate than pre-pandemic levels, according to a host of data releases over the last week.... Read more »
In a surprising turn of events, housing prices have experienced a remarkable surge of 6.6% since January, defying the odds posed by escalating mortgage rates. This upward trajectory, highlighted by the S&P... Read more »
U.S. house prices rallied again in the third quarter of 2023. In fact, home prices rose 2.1% quarter over quarter and 5.5% year over year in Q3, according to the Federal Housing... Read more »
If you follow real estate data closely, you’ll know that inventory rose late into November. You also know that new listings are up over last year, too. However, what you might not... Read more »
The Vancouver housing market has always been a topic of interest and debate, known for its stunning scenery and high real estate prices. In this comprehensive update, we’ll delve into the... Read more »
Fannie Mae expects Q4 seasonally adjusted existing home sales to be 3.9 million on an annualized basis – the lowest since Q3 2010. Total home sales are projected to come in at... Read more »