Contract Signings for U.S. Homes Drop in August to Lowest Level Since April 2020

“Increased housing inventory and better interest rates are essential to revive the housing market,” Lawrence Yun of the National Association of Realtors says.
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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®.

A Close Look at the Latest Mortgage Rates, Fed Rumblings, and the ‘Promising’ Future of Housing

In the wake of the Federal Reserve’s much-anticipated decision to not raise rates on Wednesday, mortgage interest rates also held surprisingly steady. 
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Is the American Dream of Homeownership Still Possible for First-Time Homebuyers?

Entry-level homes no longer come with entry-level prices. This is posing a challenge for many first-time homebuyers eager to become homeowners.
The post Is the American Dream of Homeownership Still Possible for First-Time Homebuyers? 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.
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What’s Happening With Home Prices This Fall? See the Cities Where They’re Rising—and Falling—the Most Now

As we head into fall, generally the best time for homebuyers, housing prices have nudged up. See how your area ranks.
The post What’s Happening With Home Prices This Fall? See the Cities Where They’re Rising—and Falling—the Most Now appeared first on Real Estate News & Insights | realtor.com®.

Is the Fall Housing Market Really ‘Going Nowhere Fast’? What Buyers and Sellers Need To Know

Pinned down by high mortgage rates, which topped 7% last month, the housing market has slowed to a crawl. Will it improve this fall?
The post Is the Fall Housing Market Really ‘Going Nowhere Fast’? What Buyers and Sellers Need To Know appeared first on Real Estate News & Insights | realtor.com®.

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