This is now the eighth consecutive rate hike, an increase of 4.5% since the hikes began.
Read More »Pandemic Boomtowns Experiencing Waning Price Growth
Supply-and-demand dynamics have given homebuyers more leverage to start the year, providing them with an advantage at the negotiation table.
Read More »Report: YoY Pending Sales Down 30% Nationally
A new report from the National Association of Realtors shows pending home sales numbers improving on a monthly basis for the first time in six months. Click through to read Chief Economist Lawrence Yun’s thoughts on the matter.
Read More »Study Finds Renting More Affordable Than Starter Homes
According to the Realtor.com Monthly Renter Report for December 2022, on average, a typical renter from the top 50 metros analyzed faced 41.4% lower monthly payments than a first-time homeowner.
Read More »What Cities are Best for First-Time Buyers?
Realtor.com ranked top markets to find which are great for first timers on a wide variety of metrics.
Read More »Housing Market Continues to See Increase in Inventory
According to the Realtor.com Monthly Housing Trends Report for December, inventory closed out the year up by 55% but remains below historic levels.
Read More »Fed Raises Interest Rate to 15-Year High
FOMC raises the borrowing rate half a percentage point, capping a series of four consecutive three-quarter-point hikes.
Read More »Prediction: Top Housing Markets in 2023
Realtor.com forecasts which cities will see the highest home price appreciation next year. Click through to find out which locations are slated to be hot in ‘23.
Read More »No Housing Market Relief in Sight for Aspiring Homeowners
According to Realtor.com's 2023 Housing Forecast, homebuyers will face home price increases throughout the nation’s 100 largest U.S. markets in 2023. However, those who can afford to purchase a home will find more available inventory than in 2021.
Read More »Pending Home Sales Dip for Fifth Consecutive Month
After experiencing a near 5% monthly drop in pending October sales, NAR reported the near-20-year high in mortgage rates and expensive home prices forced many prospective buyers to the sidelines.
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