Market Trends

A double-digit increase in new listings is helping bring house hunters off the sidelines, as Redfin reports new life in the marketplace to close out 2023.

Pending home sales in November remained the same as October 2023's report, however NAR expects that to change as the downward trend in mortgage rates is expected to shift home sales upward to close out 2023.

Bringing 20-plus years of experience to her new role, Dee Khullar will lead the cloud-based lending tech provider in implementing brand management, and driving new revenue growth.

Median rental property prices in Q3 experienced a slight increase year-over-year, as rentals continue to be snatched off the market at a much faster pace, according to new data from HouseCanary.

"When deciding on what outdoor projects to take on to increase that curb appeal, view it from a buyer perspective," says Scott Beaudry, Broker/Owner of Better Homes and Gardens Real Estate Universal.

Data compiled by S&P Dow Jones Indices has shown that 11 of the 20 major metro markets reported month-over-month price increases in October, with Detroit keeping pace as the fastest growing market nationwide.

MyHome, a subsidiary of Williston Financial Group has acquired Volly, a provider of technology and marketing services for banks, credit unions, and mortgage lenders nationwide.

New data from LendingTree has found a slight positive correlation between home values and the amount of snowfall, however, expensive real estate is not exclusive to snowy parts of the country.

Mortgage rates continue to drop to close out 2023, a positive turn of events for potential buyers after 17 consecutive weeks with rates above the 7% mark.

Souren Sarkar of mortgage automation provider Nexval shares his thoughts on the future of the industry and feels that politically driven policies will increase housing affordability and reduce rates.