Zillow Survey Shows More Homeowners Willing to Sell as Rates Fall
Twenty-one percent of homeowners were considering selling as of the fourth quarter, up from 15% in the fourth quarter of 2022, according to a...
Redfin: Share of Homeowners With Mortgage Rates Below 6 Percent Falls to 88 Percent
The share of homeowners with mortgage rates below 6% is currently around 88.5%, according to Redfin.
That’s down from a record high of 92.8% in...
Zillow: Home Buyers Flocked to More Affordable Markets in 2023
As would be expected, given higher mortgage rates and high home prices, home buyers flocked to more affordable housing markets in 2023, a Zillow...
Survey: 96 Percent of Millennials Say High Rates Have Affected Their Home-Buying Plans
In a report from Real Estate Witch, 96% of millennials say high mortgage interest rates have affected their home-buying plans, and 70% say inflation...
House Flipping Continued to Slow in Q3 But Profits Increased
What were the hottest markets for house flipping in the third quarter of 2023?
According to ATTOM’s Q3 2023 U.S. Home Flipping Report, Akron, Ohio;...
CoreLogic: Home Prices Increased 0.2 Percent in November
U.S. home prices increased 0.2% in November compared with October and were up 5.2% compared with November 2022, according to CoreLogic.
Cities that saw the...
Redfin: Home Affordability Improved in December, Due to Falling Mortgage Rates
The median U.S. housing payment is down nearly $400 from its October peak, enticing some sidelined buyers to get back in the game, according...
More Consumers ‘Confident’ That Mortgage Rates Will Decrease in the Months to Come
Although consumer confidence in the housing market remained low overall in December, consumers indicated that they have greater confidence that mortgage rates will decrease...
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...