An analysis finds that higher rates may stifle price growth, with new listings hitting a 10-year high in the new year.
Read More »Mortgage Rates on the Rise
Fueled by the trajectory of both the economy and the pandemic, mortgage rates advanced upward this week; however, the housing market is expected to remain strong as 2021 comes to an end.
Read More »Rise in Rates Push Decline in Mortgage Apps
With mortgage rates hitting near 18-month highs, a new report found a 6.3% slide in both purchase and refi apps week-over-week.
Read More »Decline in Listings Stunts Monthly Home Sales Numbers
New listings of homes for sale fell 9% from a year earlier, and closed home sales were down 5%.
Read More »Sunshine State Migration Forces Rise in Home, Rental Rates
Three Florida metros saw a 36% gain in rent prices, as more continue to escape expensive northeast metros in favor of southern markets.
Read More »Home Prices Rise as Inventory Shrinks
A new study has found the typical home was only on the market for 16 days, with lingering short supply driving demand.
Read More »More Homes for Sale in August
Housing inventory was strong in August, experiencing its highest share in volume in 21 months according to a new report.
Read More »Mortgage Apps Continue to Ride the Refi Wave
Economic uncertainty and a rise in Delta variant cases has kept mortgage rates low over the past month, with refinance volume wavering, yet continuing to outpace purchase apps.
Read More »More and More Flocking to the Sunshine State
Despite climate risk, more and more are flocking to Miami as the Sunshine State tops the list of popular migration destinations.
Read More »The Week Ahead: Are Home Prices Still Scaring Away Buyers?
NAR is set to release their latest analysis of pending home sales, as buyer interest is increasingly waning due to high asking prices.
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