For the first time since May of 2019, mortgage rates have risen above the 4% mark, on the heels of news that the Federal Reserve has upped short-term rates.
Read More »Affordability Remains Greatest Obstacle for Millennials
Weathering the pandemic, Millennials are finding ways to get into the real estate market despite inventory and affordability constraints.
Read More »Home Buyers’ Desire to Relocate Reaches Record High
Experts predict the share of Americans relocating will continue to rise throughout 2022, as affordable metros are more attractive than ever.
Read More »Borrower Demand for Refinances Continues to Subside
Overall mortgage application volume declined week-over-week, as the pool of borrowers left are losing the incentive to refinance.
Read More »Freddie Mac: Despite Rate Hike, Housing Market Stability Ahead?
Home purchase mortgage originations are anticipated to grow from $1.9 trillion in 2021 to $2.1 trillion in 2022, and $2.2 trillion in 2023, according to a new Freddie Mac forecast.
Read More »Home Values Up Nearly 20% From Last Year
People were not just fighting to get gifts this holiday season, they were also eager to get into homes entering the market in droves. But those that entered the market were ...
Read More »Florida Markets Expected to Remain Hot
Zillow predicts that the housing market will cool in 2022, but a number of hotspots have roared to life over the past two years show no signs of slowing. According to a new ...
Read More »Median Home Sales Prices Drop in November
RE/MAX reports that, amid a seasonally cooling market, the national median home sale price fell nearly 3% in November.
Read More »Winter Housing Market Heats Up
In a year where home prices have risen by nearly 20%, the market is set to remain on a steady path, avoiding the typical winter cooldown.
Read More »November Median Home Sale Price Reaches New High
If you thought the housing supply hit rock bottom in February, you thought wrong. According to a new report from Redfin, the number of homes available for sale fell by another 38,000 units finding ...
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