Will the Housing Market Frenzy Die Down? That Depends on Sellers

The housing market frenzy could die down, at least a little, in the coming months—if more sellers put up their homes for sale.
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It’s a Home Seller’s Market—and Baby Boomers Are Cashing In

In today’s hot real estate market, the baby boomers are making out like bandits. This generation sold the most homes, helping them to buy new ones.
The post It’s a Home Seller’s Market—and Baby Boomers Are Cashing In appeared first on Real Estate News & Insights | realtor.com®.

Mortgage Rates Tick Up Over 3 Percent, Dealing Battered Home Buyers Another Blow

The one bright spot for home buyers in this hypercompetitive market has been record-low mortgage rates. But those rates just crossed the 3% threshold.
The post Mortgage Rates Tick Up Over 3 Percent, Dealing Battered Home Buyers Another Blow appeared first on Real Estate News & Insights | realtor.com®.

Home Buyers Have It Tough as Nation Faces Unprecedented Housing Shortage

Home buyers won’t be surprised to learn the pickings are slimmer than ever, as the nation is in the throes of an unprecedented housing shortage.
The post Home Buyers Have It Tough as Nation Faces Unprecedented Housing Shortage appeared first on Real Estate News & Insights | realtor.com®.

Lots of Homes Under $100K Are for Sale, but Most Buyers Can’t Get One for This Reason

The COVID-19 pandemic has made it more difficult for borrowers to find lenders willing to make small-dollar mortgages of $100,000 or less.
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Despite Uncertainty, Home Prices Are Rising by Double Digits in Much of Nation

Home prices sharply headed up—even as the turmoil over a hotly contested presidential election, the coronavirus pandemic, and high unemployment persisted.
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It’s Been Much Harder To Buy a Home During the Pandemic—and Sellers Are Cashing In

Those buying homes during the coronavirus pandemic tend to be wealthier and looking for larger, more expensive homes in the suburbs.
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Kids These Days! Gen Z Is Buying Up Homes in These 10 Cities

The latest competition among home buyers in this frenzied housing market marked by record-low mortgage rates and all-time-high home prices is from Generation Z.
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Another Week, Another Record Low for Mortgage Rates—How Long Can This Go On?

Mortgage interest rates continue to do what had seemed impossible before the pandemic: They dropped to a new record low this week.
The post Another Week, Another Record Low for Mortgage Rates—How Long Can This Go On? appeared first on Real Estate News & Insights | realtor.com®.

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