As expected, the U.S. Federal Reserve held its benchmark interest rate at the current target range of 5.25% to 5.5% on Wednesday.
The post Waiting for Lower Mortgage Rates? Prepare To Dig In for the Long Haul appeared first on Real Estate News & Insights | realtor.com®.
National home prices rose 6.4% annually in February, according to S&P CoreLogic Case-Shiller Home Price data released Tuesday.
The post Home Prices Soared Higher in February, Despite Increasing Mortgage Rates appeared first on Real Estate News & Insights | realtor.com®.
Rents rose in 18 of the 50 largest metropolitan areas. These are the metros where they went up the most.
The post The 5 U.S. Cities Where Rents Are Rising the Most Right Now appeared first on Real Estate News & Insights | realtor.com®.
The median asking rent in the 50 largest U.S. metros was $1,722 in March. That was down just $5 from one year ago.
The post Rents Are Taking ‘Baby Steps’ Toward Lower Prices in a Small Victory for Tenants appeared first on Real Estate News & Insights | realtor.com®.
These are the metropolitan areas where buyers are using the largest percentage of Veterans Affairs loans to purchase homes.
The post Homes for Those Who Serve: Top 10 Markets for VA Homebuyers appeared first on Real Estate News & Insights | realtor.com®.
Privately owned housing starts dropped 14.7% in March, the largest monthly decline since the onset of the COVID-19 pandemic in April 2020.
The post New-Home Construction in March Plunges Unexpectedly in Troubling Sign for Homebuyers appeared first on Real Estate News & Insights | realtor.com®.
Known as deed fraud or home title theft, the scheme involves forging documents to record a phony transfer of property ownership.
The post Deed Fraud Is On the Rise—Here’s How To Protect Your Home appeared first on Real Estate News & Insights | realtor.com®.
Prior to his arrest in the collapse of FTX, the founder of the crypto exchange presided over a sprawling real estate empire in the Bahamas, which will be listed for sale in April.
The post EXCLUSIVE: Sam Bankman-Fried’s $222M Bahamas Real Estate Empire Is About To Hit the Market as He’s Sentenced to 25 Years for FTX Fraud appeared first on Real Estate News & Insights | realtor.com®.
Pending home sales data for last month show monthly gains in the Midwest and South and a pullback in the higher-priced Northeast and West.
The post Pending Home Sales Surge in the Midwest, but Slump in Pricier Regions appeared first on Real Estate News & Insights | realtor.com®.