Another Strong Jobs Report for December but Unemployment Forecast to Rise
The U.S. economy added about 216,000 jobs in December - better than expected - and the unemployment rate was unchanged at 3.7%, according to...
Guild Mortgage Lists First Two ‘Making Paradise Home’ Initiative Homes
Guild Mortgage has listed the first two homes from its Making Paradise Home Initiative.
The affordable, sustainable manufactured homes are available for sale in Paradise, Calif.,...
ATTOM Report Reveals Counties with Highest Annual Income Required to Buy a Home
Alameda County, Calif.; Orange County, Calif.; Santa Cruz County, Calif.; Kings County, N.Y.; and Napa County, Calif., were among the top U.S. counties with the...
FHFA: Home Prices Increased 0.3 Percent in October
U.S. home prices increased 0.3% in October compared with September and were up 6.3% compared with October 2022, according to the Federal Housing Finance...
Proposed Bill Would Ban Hedge Funds from Purchasing Single-Family Properties
Democrats in Congress have introduced a bill that, if passed, would gradually ban hedge funds from buying and owning single-family homes in the U.S.
The...
Redfin: Share of Buyers Looking to Move to a New Metro Area Fell in...
The impact of the pandemic on homebuyer migration patterns is waning - but with higher mortgage rates and limited inventory, people aren't exactly flocking...
New Home Sales Dropped in November in Reaction to Higher Mortgage Rates
New home sales plummeted 12.2% in November compared with October but were up 1.4% compared with November 2022 to reach a seasonally adjusted annual...
Case-Shiller: U.S. Home Prices Accelerated in October Despite Rising Mortgage Rates
U.S. home prices increased 0.6% on an adjusted basis in October compared with September and were up 4.8% compared with October 2022, as the...
ATTOM: Home Affordability ‘Stopped Getting Tougher’ in Q4
Although mortgage rates fell in November and December, home affordability remained basically flat in the fourth quarter compared with the third quarter and was...
Homebuyer Affordability Improved in November
The national median payment that mortgage applicants would pay for a home purchase fell to $2,137 in November, down from $2,199 in October, according...
First American: Falling Mortgage Rates Have Boosted Homebuying Power
Home sales will reach a seasonally adjusted annualized rate of 4 million in 2023, thanks to falling mortgage rates in the fourth quarter, First...
Applications for New Home Sales Sank in November But Remained Up Year-Over-Year
Applications for mortgages for new home purchases decreased 12% in November compared with October but were up 21.8% compared with November 2022, according to...
Housing Starts Jumped 14.8 Percent in November, Driven by Lower Mortgage Rates
Housing starts surprised in November, reaching a seasonally adjusted annual rate of 1.56 million, an increase of 14.8% compared with October and up 9.3%...
Redfin: New Listings Increased in November on Lower Mortgage Rates
Falling mortgage rates have breathed new life into the housing market as listings and pending home sales have both increased, Redfin reports.
More homes changed...
NAR Forecasts 4.71 Million Existing-Home Sales in 2024, a 13.5 Percent Increase
Existing-home sales will reach 4.71 million in 2024, up from an anticipated 4.1 million in 2023, as mortgage rates decrease, home price appreciation slows...
Zillow: Housing Market Continues to Improve for Buyers
Mortgage rates decreased, home price growth slowed, and housing inventory increased during the past month, leading to improved affordability, according to Zillow’s most recent...
ATTOM: New York and Chicago Were the ‘Most Vulnerable’ to Housing Market Declines in...
California, New Jersey and Illinois were the states most vulnerable to declines in the housing market in the third quarter, according to ATTOM’s Special...
Home Prices Will Continue to Rise in 2024-2025, But at a Much Slower Pace
U.S. home prices will increase 2.4% in 2024 and 2.7% in 2025, a group of housing experts predict in a report from Fannie Mae.
According...
Healthy Jobs Report for November Signals ‘Soft Landing’ Ahead for the Economy
The U.S. economy added 199,000 jobs in November - lower than the 12-month average but still above expectations - while the unemployment rate fell...
Fannie Mae: 85 Percent of Consumers Say Now is a Lousy Time to Buy...
Only 14% of U.S. consumers think now is a good time to buy a home, according to the latest Fannie Mae Home Purchase Sentiment...