Home price growth in big cities has slowed, but not stalled, in the third quarter, according to a new report from the National Association of Realtors (NAR). The NAR, which Read more
Tag: realtors
‘Bad news for homeowners’: The number of homes on the market is rising. That’s unusual for this time of the year.
It took a while, but it’s finally happening — the number of for-sale listings on the market is rising, even during what is generally a slow season for the real-estate Read more
Mortgage rates dip slightly to 6.66%, but have doubled from a year ago
The numbers: Mortgage rates took a breather from its march towards 7% this week, as the economic outlook looks uncertain. The 30-year fixed-rate mortgage averaged 6.66% as of Oct. 6, Read more
Mortgage rates dip slightly to 6.66%, but have doubled from a year ago
The numbers: Mortgage rates took a breather from its march towards 7% this week, as the economic outlook looks uncertain. The 30-year fixed-rate mortgage averaged 6.66% as of Oct. 6, Read more
‘They’re waiting to see if home prices fall’: Home buyers are backing out of contracts in the Sun Belt at a record rate
The tide has turned, and buyers are now backing out of deals in the Sun Belt as rates rise and home prices remain unaffordable. Once pandemic boomtowns, 15.2% of homes Read more
U.S. existing-home sales fall for the seventh straight month in August
The numbers: U.S. existing-home sales fell 0.4% to a seasonally adjusted annual rate of 4.8 million in August, the National Association of Realtors said Wednesday. This is the seventh straight Read more
U.S. pending home sales slip again in July as market cools, but mortgage rates show signs of stabilizing
The numbers: U.S. pending-home sales fell in July by 1% , according to the monthly index released Wednesday by the National Association of Realtors. Analysts polled by the Wall Street Read more
Mortgage rates tick back above 5%, another challenge for first-time home buyers
The 30-year fixed-rate mortgage averaged 5.22% as of August 11, according to data released by Freddie Mac on Thursday — up 23 basis points from the previous week. One basis Read more
Mortgage rates tick back above 5%, another challenge for first-time home buyers
The 30-year fixed-rate mortgage averaged 5.22% as of August 11, according to data released by Freddie Mac on Thursday — up 23 basis points from the previous week. One basis Read more