National News

Builders finish summer strong but face uncertainty ahead

Economists were expecting new-home sales to finish stronger in July, aided by low mortgage rates that act as an incentive for buyers.

Existing-home sales post year-over-year gain

Sales of existing homes in July logged their first year-over-year gain in 16 months.

Why millennials need real estate agents

LendEDU released a report based on a survey of 1,000 millennials between the ages of 23 and 38 to explore the reasons why millennials are not becoming homeowners yet.  The survey found that more millennials haven’t hit the life

Why prestigious properties can be a tough sell

Perhaps contrary to popular belief, the unique homes built by architect Frank Lloyd Wright tend to remain available on the market for several years at a time.

New policies to expand access to federally backed mortgages

A final rule that goes into effect in the next two months, and another being proposed August 14, have the potential to reshape the way homebuyers access credit through programs backed by the U.S. government. The most certain of

Houston among launch cities for Keller Williams, Offerpad iBuyer partnership

Keller Williams announced Wednesday that its iBuyer program, Keller Offers, will partner with established iBuyer Offerpad to offer customers a hybrid of the services the two companies provide. The new arrangement will allow consumers to work with a Keller

Why a recession could be near and what it means for housing

A constellation of factors point to a possible recession in the coming months or years, but the housing market will be neither the cause of it, nor the hardest-hit part of the economy. That was the take-home message in

Low rates boost mortgage industry but spook financial markets

Wall Street has found itself increasingly on edge in recent weeks, but strangely, that may be breathing fresh life into the mortgage lending industry.

home-suburbs-suburban-community-house-buyers-sellers-agents
The nation’s most popular ZIP codes in 2019

The most attractive ZIP codes of 2019, according to Realtor.com’s analysis of over 16,000 areas, suggest a shift in homebuying trends. Judging by the top-ranked markets in Realtor.com’s “Hotness Index,” homebuyers are interested in maintaining an active lifestyle even

Consumer confidence on housing hits all-time high

Fannie Mae’s Home Purchase Sentiment Index for July rose to its highest reading in nine years.

Most popular cities and states for millennials

As millennials comprise more and more of the housing market, some are relocating in search of better jobs, quality of life, and housing costs. SmartAsset took a look at where millennials are moving to find these things with Census

NAHB: Labor shortages peak, but builders remain optimistic

The long-running shortage of workers in the homebuilding trades hasn’t dented business confidence as much as expected.

Federal Reserve approves first rate cut in 11 years

Officials at the U.S. Federal Reserve voted to reduce the central bank’s key interest rate target for the first time since the aftermath of the 2008 financial crisis, in hopes that it would prevent a global economic slowdown from

Pending home sales finally grow year-over-year in June

The National Association of Realtors’ Pending Home Sales Index broke a 17-month streak of year-over-year declines to log an annual increase in June. Last month also marked the second month in a row in which nationwide pending home sales

With new funding round, Compass may soon go public

New York-based brokerage Compass just got yet another burst of funding—to the tune of $370 million. The latest funding round was announced Tuesday, and brings the total valuation of the company to $6.4 billion, a significant boost from the

Down payment assistance gains favor with buyers

As housing costs have continued to grow faster than the average buyer’s income, more are tapping into resources that can lower the substantial up-front costs of purchasing a home. But that could bring some major changes and a degree

Oops! We could not locate your form.