National News
The annual survey finds most Realtors pay at least $50 a month for work technology, despite a majority feeling satisfied with the tech provided by their brokerages.
The decline in sales came as a 17-month run of year-over-year increases in new listings came to a close.
Rate has launched the first fully integrated Spanish-language mobile app from a U.S. mortgage lender.
The move was widely anticipated and is expected to be followed by additional cuts this year.
The jump in mortgage activity was driven in large part by refinancings, which surged 58% in the week ended Sept. 12.
At the same time, completions of new single-family homes were on the rise last month, according to federal statistics.
Looking for the best time to buy in 2025? It’s the week of Oct. 12–18, says Realtor.com.
So far in 2025, home prices have grown at about half the pace of 2024.
The surge comes as the rate on a 30-year fixed-rate mortgage fell to its lowest level since October 2024.
The rate of home-price appreciation slowed to just over half the rate of inflation in July, Cotality noted.
Despite the decrease in borrowing costs, the Mortgage Bankers Association’s Market Composite Index showed a decrease in mortgage applications in the week ended Aug. 29.
Despite a slowdown in single-family construction activity, newly built homes are becoming increasingly accessible to American buyers, in terms of both availability and affordability. According to data from the New-Construction Insights report released by Realtor.com, in the second quarter
Signed contracts declined despite lower interest rates and improved affordability and inventory, the National Association of REALTORS® said.
The upside surprise came despite monthly and yearly declines in the pace of sales.
Nationally, home sales rose 0.6% year over year but slid 0.7% month over month, RE/MAX said.
The association said the housing market is making a definitive swing back in the direction of the buyer thanks to wage growth, slowing home-price gains and rising inventory.