So Much for the Federal Reserve: Mortgage Rates Hit a High Not Seen Since 2000

Rates for a 30-year fixed-rate loan rose to its highest level since 2000, landing at an average of 7.31%, which will likely hit today’s shaky real estate market especially hard.
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America’s ‘Inhospitable’ Housing Market Has Driven Buyers to One City That’ll Surprise You

According to a new Realtor.com report on America’s Hottest Housing Markets of August 2023, Rochester, NY, is popular due to its affordability.
The post America’s ‘Inhospitable’ Housing Market Has Driven Buyers to One City That’ll Surprise You appeared first on Real Estate News & Insights | realtor.com®.

Confused by the Housing Market? You’re Not Alone! We Explain the Head-Spinning Contradictions

What is going on in this contradiction-riddled housing market? There are so many factors keeping both prices and mortgage rates high.
The post Confused by the Housing Market? You’re Not Alone! We Explain the Head-Spinning Contradictions appeared first on Real Estate News & Insights | realtor.com®.

The Fed May Have Just Stopped Hammering the Housing Market—What That Means for Buyers, Sellers

The pain in the housing market isn’t expected to get much worse after the Federal Reserve chose not to hike interest rates this month.
The post The Fed May Have Just Stopped Hammering the Housing Market—What That Means for Buyers, Sellers appeared first on Real Estate News & Insights | realtor.com®.

These Are the Riskiest Housing Markets in America Right Now

Some of the nation’s largest housing markets are the most vulnerable to a potential downturn, while others are on more steady ground.
The post These Are the Riskiest Housing Markets in America Right Now appeared first on Real Estate News & Insights | realtor.com®.

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