Mortgage Rate Shock Stalls Housing Market as 8-Month Growth Streak Collapses

Stubbornly high mortgage rates finally took their toll on buyer demand in August, snapping an eight-month streak of pending sales growth even as sellers slashed prices. The share of listings in pending... Read more »

New-Home Prices Drop to Lowest Level Since 2021

Prices for newly built homes have hit their lowest level in five years, as homebuilders continue to grapple with weak buyer demand, newly released data shows. In July, the median sales price... Read more »

Greater Boston’s Historic ‘Leather City’ Crowned America’s Hottest ZIP Code

Suburban enclaves located within a short drive of major job hubs in the Northeast and Midwest are seeing a surge in homebuyer demand, led by a Greater Boston community with a rich... Read more »
A Million-Dollar Home Used To Be Considered a Mansion—Not Anymore

A Million-Dollar Home Used To Be Considered a Mansion—Not Anymore

A “million-dollar home” used to conjure up images of a grand mansion with marble staircases. But these days, that seven-figure listing might well be a modest bungalow. A new report from the... Read more »
Heartland’s Affordable Innovation Oasis Emerges as a Real Estate Powerhouse

Heartland’s Affordable Innovation Oasis Emerges as a Real Estate Powerhouse

Best known as the home of a world-class public university, Champaign-Urbana, IL, is capturing national attention well beyond the halls of academia thanks to an unexpected housing market surge. Located two hours... Read more »
Home Prices Post Sharpest Drop in Nine Years as Sellers Face Reality Check

Home Prices Post Sharpest Drop in Nine Years as Sellers Face Reality Check

Sticky mortgage rates and rising inflation fueled by the Iran war are testing the limits of the spring housing market’s resilience, but there is a silver lining for buyers as home prices... Read more »