“Consumer attitudes toward home-selling conditions increased markedly in February,” Fannie Mae’s chief economist says.
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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®.
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®.
U.S. new-home sales rose 1.5% to an annual rate of 661,000 in January, from a revised 651,000 in the prior month.
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The median price for an existing home in January rose 5.1% to $379,100, compared with the same month a year earlier.
The post Home Sales Rose in January Despite Record-High Prices, as Buyers Seized on Lower Rates appeared first on Real Estate News & Insights | realtor.com®.
“The origins of segregation live much earlier” than discriminatory public policies, says Colin Gordon, author of “Patchwork Apartheid.”
The post How Real-Estate Agents and Private Developers Created the Blueprint for Redlining, According to One Historian appeared first on Real Estate News & Insights | realtor.com®.
Sentiment rose due to confidence in job security and expectations for mortgage rates to fall.
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Construction of new homes fell 4.3% in December, as home builders scaled back new projects.
The post Housing Starts Fall in December as Builders Scale Back on Single-Family Homes appeared first on Real Estate News & Insights | realtor.com®.
The average contract rate for the 30-year mortgage for homes sold for $726,200 or less was 6.75% for the week ending January 12.
The post U.S. Mortgage Demand Jumps 10% as Rates Fall Across the Board appeared first on Real Estate News & Insights | realtor.com®.
Mortgage applications jumped as U.S. home buyers played “catch-up” after the holiday seasons, despite rates edging higher.
The post U.S. Mortgage Refinance Demand Surges by Nearly 20% After Holiday Period appeared first on Real Estate News & Insights | realtor.com®.