Mortgage Rates Are Up but New-Home Sales Still Solid in March
Lack of existing home inventory drove a rise in new-home sales, despite higher interest rates in March
Mention of Eco-Friendly Home Features Is on the Rise in Sales Listings
Home listing descriptions using eco-friendly terms have been rising over the past five years in line with growing consumer interest in the environment and energy efficiency
New-Home Sales and Navigating the 3 D’s: Death, Divorce, and Downsizing
Here’s how home sales experts manage challenging lifestyle changes with and for their buyers
Even With Inflation Running Hot and Elevated Mortgage Rates, Buyer Demand Rises
Mortgage rates will likely stay high for the next few months, but that doesn't seem to be deterring homebuyers
A Look at Homeownership Rates Across the Nation
Data for homeownership rates in the 100 largest US cities show Port St. Lucie, Fla., in the top spot, while West Virginia is the state with the most homeowners
Millennials on Top Again as Largest Homebuying Group
Millennials beat out Boomers as the largest homebuying cohort, according to a recent report, but Boomers remain the largest generation of home sellers
Housing Markets
Here Are the Markets Where Prices Are Expected to Rise—and Fall—in 2023
The U.S. housing market is cooling after a period of hasty homebuying during the COVID-19 pandemic, but some real estate destinations are poised to see strong growth in the year ahead
Housing Markets
Home Prices Are Dropping the Most in These 20 Major Cities
As mortgage rates continue to rise, sellers are lowering their asking prices in a last-ditch effort to attract buyers in these popular metro areas
New-Home Sales
Housing Experts Say Spring Could Be ‘Make-or-Break Moment’ for 2023 Market
The spring homebuying season is just around the corner, but will elevated mortgage rates and low for-sale inventory continue to delay prospective buyers?
New-Home Sales
Pending Home Sales Rose for the Second Consecutive Month in January After Steady Decreases in 2022
Pending home sales are on the rise nationwide despite elevated mortgage rates and historically high home prices at the start of the spring buying season
Financing
Mortgage Application Volume Falls to 28-Year Low Amid Rising Costs
Mortgage demand fell for the third straight week at the close of January as interest rates moved higher
New-Home Sales
Falling Mortgage Rates Cause Buyer Activity to Rebound
Home sales are slowly gaining momentum as a result of more balanced borrowing costs, but will high home prices keep prospective buyers at bay?
Affordability
What More Fed Hikes Could Mean for U.S. House Prices in 2023
The Federal Reserve is continuing its torrent of rate hikes to control inflation at the start of 2023, and that increased affordability pressure could have serious implications for the housing market
Market Data + Trends
New-Home Sales Gain Steam as Inventory Rises From Record Lows
Housing supply is inching higher after reaching a record low during the COVID-19 pandemic, and that inventory boost, paired with a slight drop in mortgage rates, is motivating buyers to jump back into the for-sale market
New-Home Sales
‘Homebuyer Burnout’ to Blame for Slower Sales—How Much Longer Will It Last?
For the past several years, prospective homebuyers have been hindered by cutthroat competition and seemingly endless affordability hurdles, causing many to delay their home searches indefinitely
Housing Markets
Northeastern and Midwestern Markets Dominate the Winter Buying Season
The hottest January housing markets were located predominantly in the Northeast and the Midwest, but will a thawing spring market motivate buyers to purchase elsewhere?
