Real Estate News by RealEstateNews.com
Federal housing leaders want to see 'bold action'. HUD and FHFA executives spoke recently about ways the federal government should get more involved in issues like zoning, mortgages, …
NAR economist bullish on home sales rebound in 2025
4 days ago · Speaking from the stage at the association's annual NAR NXT conference on Nov. 8, Lawrence Yun forecast a 9% increase in existing home sales next year followed by a 13% …
First-time homebuyers may not be who you expect, NAR says
20 hours ago · The Q&A-style document is geared at first-time buyers, a category, NAR notes, that can include individuals who have owned a home, just not in the past several years, or who …
Real estate’s moment of opportunity
October 23, 2024. 4 minutes. Key points: The Opportunity Report is the follow-up to the landmark DANGER Report of a decade ago. Topics covered include Clear Cooperation, agent pay and …
The future of MLS? It's Zillow, says Compass CEO
4 days ago · November 9, 2024. 5 minutes. Key points: The Compass CEO joined top MLS leaders, a Zillow exec and a leading broker in a remarkable panel at NAR NXT. Zillow’s …
Housing Market Decoded: Can we predict where mortgage rates …
Oct 16, 2024 · Over the past two years, the average rate on a 30-year fixed-rate mortgage has ranged between about 6 and 7.79%. However, the relationship between mortgage rates and …
Housing Market Decoded: Why are home prices still rising?
Jul 17, 2024 · In many markets across the U.S., home prices have hit record highs this summer. Higher mortgage rates make buying a home more expensive. In July 2021, for example, when …
Agents see a brighter sales outlook ahead - realestatenews.com
Oct 29, 2024 · While 56% of agents surveyed in September reported weaker-than-normal sales in their market, that figure has fallen dramatically from its peak a year ago when 70% of agents …
Buyers backing out of deals in record numbers as market shifts
Jul 24, 2024 · More buyers are backing out. According to the Redfin report, roughly 56,000 home purchase contracts were canceled last month, which Redfin says is more than any other June …
Homebuyer sentiment is up, but for how long?
Oct 7, 2024 · Homebuyer sentiment reached its highest level in more than two years in September, but that may not last as mortgage rates continue to rise. The Fannie Mae Home …