New home sales fell month-over-month in November to their lowest level since last November. But despite this dip, 2023 is poised to be one of homebuilders’ busiest years. Total new home sales... Read more »
Several choices for the 2024 Color of the Year are looking a little blue. Blue tends to mix well with white, beige and gray, which are popular interior colors. So, blue home... Read more »
Opendoor founder Eric Wu is leaving the iBuying giant, according to a document filed with the Securities and Exchange Commission on Friday. The filing states that Wu announced his decision to resign... Read more »
As 2023 winds to a close, so too does a brutal year for the housing market, a year marked by rising rates, steep home prices, scarce inventory and anemic mortgage originations, compared... Read more »
Are big Wall Street investors really buying 44% of homes this year? The answer is no — not even close. Housing inventory is near all-time lows, but big institutional investors like Invitation... Read more »
High mortgage rates, a lack of inventory and elevated home prices have turned 2023 into the least affordable year for homebuyers on record. Luckily, economists are projecting some improvements for next year,... 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 »
U.S. pending-home sales rose 1% month over month in October to a seasonally adjusted annual rate of 401,000, the highest level in a year. Although pending sales fell 4.8% compared to October... Read more »
Home prices keep moving up, offering few signs of relief to cash-strapped homebuyers. More than 80% of U.S. metro markets saw price gains in the third quarter of 2023, according to the... Read more »