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Tag Archives: Interest rates

Fannie Mae Study: Why Homeowners Are Staying Put

Homeowners nationwide are staying put as a historically low supply of existing homes for sale continues to make homeownership more difficult for buyers. New Fannie Mae research examines the factors that are keeping homeowners locked in place and leaving homebuyers in the lurch.

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FOMC Holds Rates Steady

The Federal Reserve’s Open Market Committee chose to forgo the opportunity to raise the central bank’s nominal interest rate at the conclusion of their October/November meeting, a repeat of the action the committee last took in September.

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Nearly Half of All Americans Believe Now is a Bad Time to Buy

While about a third of Americans believe they’ll never be able to afford their dream home, a new survey from Bankrate revealed that almost 50% of respondents suggest that now isn't the best time to buy a home based on current market conditions. Click through to explore the latest on homebuyer sentiment.

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Midwest Markets Gaining More Popularity

Potential homebuyers are looking at areas with affordable home prices and lowered housing costs, according to a new WSJ/Realtor.com report, which showed the Midwest is emerging as a new option for home shoppers despite facing low inventory and a quick market pace.

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Austin’s Housing Fortunes Flip

Once known for its speed and red-hot market, Austin, Texas, is now one of the slowest housing markets in the U.S. A new Redfin report examines the factors in play.

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Residential Remodeling Activity to Get a Reboot Next Year?

While unwarranted repairs remain a hassle for many homeowners, annual spending for improvements and restorations to owner-occupied homes is expected to shift in the coming year, according to a new report from the Joint Center for Housing Studies. Here are the factors in play.

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Median Home Sales Price Hits $415K Nationwide in September

Real Estate Agent Meghan Carroll says, "Inventory levels are also still low, which is keeping the prices higher and making bidding wars commonplace here. So, it can be tough out there for some buyers–especially young, first-time buyers." Click through to read the full September 2023 Housing Report from RE/MAX.

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Home Prices Up in Nearly Three-Quarters of the U.S.

As home seller profits continue to rise, profit margins on typical home sales also increased nationwide, while the median U.S. home price surged to a new all-time high in Q3, according to ATTOM's 2023 U.S. Home Sales Report. Read the latest to find out why “any predictions of an extended market fallback may have been premature.”

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