Tag Archives: Mortgage Rates

More and more homebuyers are looking to migrate to a new metropolitan area. Click through to find out where they are landing.

“But real estate is local, and there are markets where annual price growth isn’t just slowing, but prices are falling from recent peaks,” said Mark Fleming, Chief Economist at First American Financial Corporation.

A new study from Bank of America revealed 73% of Gen Z reported that the current economic environment has made it more challenging to save. Many respondents said inflation has created even more financial stress, while surging rents or home prices have made it harder to afford day-to-day necessities.

A recent announcement revealed HUD, through the Federal Housing Administration, will allow private flood insurance policies on insured single-family mortgages in special flood hazard areas.

Distressed sales, including foreclosures and short sales, comprised just 1% of home sales in October 2002 according to new NAR data, down from 2% in September.

First-time homebuyers looking to purchase a typical home during Q3 have begun to feel the impact of nationwide housing's growing unaffordability. A new report from the National Association of Realtors revealed single-family existing-home sales prices grew in nearly every metro analyzed, as the national median home price climbed nearly 9% from 2021.

A new Realtor.com analysis reported only 4 in 10 new agents are confident about a long-term real estate career. Industry experts suggest mentorship, cash reserves, and a full-time commitment are the keys to early success.

Active listings surged 33.5% year-over-year to the highest level since 2020, while the median list price grew by 13.3% in October. New data from Realtor.com's October 2022 Monthly Housing Market Trends Report reveals how these numbers are shifting.

The latest market report from Fannie Mae revealed a possible economic slowdown in coming months, which would reduce housing demand even further. Meanwhile experts predict prices and rents may stabilize or even fall in some markets within the new year.

CoreLogic’s latest Home Price Index report delves into which regions are spiking the highest, and what factors are in play.