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Nationwide Home Sales Inched Forward in June

June is typically the biggest month for home sales, according to the latest RE/MAX National Housing Report, with month-over-month sales rising 5.4% from May. Meanwhile, the average close-to-list price ratio was 100%, meaning homes sold for their average asking price.

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Renters Look Favorably on Southern, Midwestern Markets

According to a new study from RentCafe, rental season is nearing its peak, as new data reveals Southern and Midwestern markets dominated the list of the top 30 most desired cities for renters, with Arlington, Virginia ranked as the most in-demand city for renters in July.

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Investor Purchases Propel the SFR Market

A new study from the Harvard Joint Center for Housing Studies details eight key traits the single-family rental market has exhibited over the past two decades, highlighting the importance of this market to the nation’s housing supply.

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The Week Ahead: Navigating the Next REO Wave

The Five Star Institute, in conjunction with the National REO Brokers Association, has assembled a panel of experts to detail how the REO industry is bracing for an uptick in activity, and how to prep for a jump in volume.

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Existing-Home Sales Slip in June

Existing-home sales fell in June, as all four regions recorded year-over-year sales declines, according to NAR, with the South and West posting the largest decreases.

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Purchase Apps Down 21% YoY

High mortgage rates have pushed monthly mortgage payments to a record $2,656, as slightly lower rates may escalate competition for the limited number of homes available and push up prices for the foreseeable future.

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