A “survey-high share of consumers” are expecting rates to drop over the next year, Fannie Mae says.
The post Housing Sentiment Jumps as Nearly a Third of Americans Believe Mortgage Rates Will Fall in the Coming Year appeared first on Real Estate News & Insights | realtor.com®.
U.S. new-home sales fell 12.2% to an annual rate of 590,000 in November, from a revised 672,000 in the prior month.
The post U.S. New-Homes Sales Plunge in November appeared first on Real Estate News & Insights | realtor.com®.
Temporary credit would help address the U.S. housing market’s lack of inventory, according to big lobbying group.
The post It’s Time for a Tax Credit for Home Sellers To Prod Owners To List Their Houses, Realtors Say appeared first on Real Estate News & Insights | realtor.com®.
Housing starts rose to a 1.37 million annual pace from 1.35 million in October, the government said Friday.
The post U.S. Housing Starts Rise ‘Unexpectedly’ for the Second Straight Month appeared first on Real Estate News & Insights | realtor.com®.
Amazon’s so-called HQ2 stoked fears that home prices would soar in the suburbs of Northern Virginia. A new study examines the impact.
The post Reassessing the ‘Amazon Effect’ on Home Prices in One U.S. Metro Area appeared first on Real Estate News & Insights | realtor.com®.
Mortgage rates fell by 25 basis points over the last week, the biggest drop since July 2022.
The post Mortgage Rates Register Sharpest Drop in Over a Year Amid Signs of a Weakening U.S. Economy appeared first on Real Estate News & Insights | realtor.com®.
The monthly principal and interest payment on a median-priced house just surpassed $2,500 for the first time, a new record.
The post Housing Affordability Hits a 39-Year Low. ‘It’s Fair To Expect Prices To Weaken,’ Expert Says. appeared first on Real Estate News & Insights | realtor.com®.
Aspiring homeowners put off by current mortgage rates can still find newly built homes that come with a 4% mortgage rate, one real-estate expert says.
The post Looking for a 4% Mortgage? Here’s Where Home Buyers Can Find One. appeared first on Real Estate News & Insights | realtor.com®.
Chicago led the nation in home price gains for the fourth month in a row, Case-Shiller says.
The post U.S. Home Prices Rose for the Sixth Month in a Row, Case-Shiller Says appeared first on Real Estate News & Insights | realtor.com®.
Economists are divided on whether home prices will go up or down for the rest of 2023.
The post When Will Home Prices Drop? Here’s What 6 Economists Say. appeared first on Real Estate News & Insights | realtor.com®.