Shelter Costs Drive Inflation Higher Than Expected in January
January Consumer Price Index data show inflation increased more than anticipated as shelter costs continue to rise despite Federal Reserve policy tightening
Weighing the Effects of the Fed's and Treasury's Latest Announcements
The upshot of the Jan. 31 announcements is that while mortgage rates will stay higher for longer, they're likely to hold steady
NAHB CEO Tobin Says 'Housing Renaissance' on the Horizon
Responding to positive housing-related data such as falling mortgage rates and increased homebuyer activity, NAHB's CEO Jim Tobin is optimistic
Are Fed Rate Hikes a Thing of the Past?
The Federal Reserve held rates steady again in December and forecasts three rate cuts in 2024
What's in Store for the National Housing Market in 2024
According to the 2024 National Housing Market Outlook report released on Wednesday by Bright MLS, affordability will remain the biggest challenge
October Saw New-Home Sales Fall More Than Expected
Despite being buoyed by a persistent shortage of previously owned properties on the market, high mortgage rates and reduced affordability saw sales of new U.S. single-family homes fall during October
Market Data + Trends
Housing Analyst Ivy Zelman Predicts Falling Home Prices in 2023 and 2024
Ivy Zelman, founder of Zelman & Associates, is forecasting a full-blown housing correction in the months and years to come
Market Data + Trends
A Housing Reset Is Hurting More Than Just Homebuyers
Priced out buyers aren't the only ones feeling the sting of a housing reset; according to John Burns Real Estate Consulting, its consequences are reaching every corner of the market
Market Data + Trends
Goldman Sachs Predicts Sharp Declines Ahead for a Cooling Housing Market
A housing cooldown is officially underway, and according to Goldman Sachs, market activity will end 2022 down across the board
Financing
Mortgage Rates Will Fall to 4.5% in 2023—Here’s What That Means for Homebuyers
Mortgage rates could fall to 4.5% in 2023, according to Fannie Mae's most recent housing forecast, but that doesn't mean buyers will benefit from holding off on home purchases
Financing
Adjustable-Rate Mortgages Are on the Rise Once Again—Here’s What That Means for Today’s Homebuyers
Adjustable-rate mortgages (ARMs) had a hand in the housing downturn that led to the Great Recession, but they won’t do as much damage this time around, experts say
New-Home Sales
U.S. Pending Home Sales Fell Further in July, but Mortgage Rates Show Signs of Stabilizing
Sales fell for the second month in a row in July, but experts say that home price appreciation could slow by the end of this year and into 2023
New-Home Sales
What a Housing Recession Means for Buyers and Sellers
The mid-pandemic seller's market is coming to an end, but homeowners still benefit from fast-rising home appreciation
Financing
Mortgage Application Activity Drops to Lowest Level in Over Two Decades
As housing costs continue to surge and prospective buyers back out of home purchases, fears of a recession are mounting, and mortgage application activity is falling as a result
Economics
Has Inflation Already Peaked? July CPI Report Reveals Stagnant Growth
After plateauing in July following consistent gains throughout much of 2022, the most recent Consumer Price Index has some experts wondering if the worst of an inflation storm is already behind us
Economics
Robert Shiller Predicted the Housing Bubble and Bust of 2008. Here’s His Take on the 2022 Market
Economists warn of trouble on the horizon as home prices begin to fall, but some firms refuse to get bearish on market conditions—here's why