With prices up 22% over the last year, an influx of new residents lured by the city’s strong economy and amenities is keeping it at No. 1, according to the Wall Street Journal/Realtor.com Housing Market Ranking.
The post The Reign of Portland, Maine, as the Top U.S. Luxury Hot Spot Continues for Third-Straight Quarter appeared first on Real Estate News & Insights | realtor.com®.
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.
The post U.S. Economic Growth Slows to 1.6%, Inflation Stays Firm appeared first on Real Estate News & Insights | realtor.com®.
Mortgage rates just rose above 7%. That’s frustrating homebuyers and sellers, thwarting their housing plans.
The post Mortgage Rates Just Topped 7%, Triggering a ‘Sense of Helplessness’ for Many Would-Be Homebuyers appeared first on Real Estate News & Insights | realtor.com®.
Mortgage rates are likely to rise again. They could hit this milestone as the Federal Reserve keeps interest rates higher for longer.
The post The Fed Is Poised To Hold Interest Rates Steady—Here’s What That Will Do to Mortgage Rates appeared first on Real Estate News & Insights | realtor.com®.
“Consumer attitudes toward home-selling conditions increased markedly in February,” Fannie Mae’s chief economist says.
The post Housing Sentiment Is at the Highest Level in Nearly Two Years, Fannie Mae Says, Because of Home Sellers appeared first on Real Estate News & Insights | realtor.com®.
If your buyer is having a hard time moving on from 2021 and accepting the reality of today’s rates, a history lesson may help.
The post How interest rates change projected monthly mortgage payments appeared first on Atlanta Agent Magazine.
The housing market isn’t off to a good start this year. The number of homes that are under contract fell in January, says a recent report.
The post The Housing Market’s Unhappy New Year: Fewer Homes Go Under Contract as Mortgage Rates Rise appeared first on Real Estate News & Insights | realtor.com®.
Housing market saw above-average price gains despite rising cost of mortgage financing, Case-Shiller says.
The post Home Prices Hit a New All-Time High in December, Says Case-Shiller appeared first on Real Estate News & Insights | realtor.com®.
Experts predict what lower mortgage rates would mean for homebuyers and the housing market in general.
The post What Will the Housing Market Look Like Once Mortgage Interest Rates Drop? Here’s What Homebuyers Can Expect appeared first on Real Estate News & Insights | realtor.com®.
Meanwhile, a fifth of aspiring buyers think they will never be able to save enough for a home, Bankrate says.
The post More Than Half of Aspiring Home Buyers Say They Earn Too Little To Afford a House, Survey Says appeared first on Real Estate News & Insights | realtor.com®.