Rates on 30-year fixed-rate mortgages inch up, but remain just under 3 percent
3 leading economists share what existing-home sales reveal about the market and how to properly use statistics to make client decisions
Opinion
Although the terms 'intrinsic' or 'extrinsic' may be unfamiliar to most, understanding what they imply will help explain what makes real estate valuable, not just expensive — and why being able to identify these elements is essential
The number of sales involving higher-end homes rose by 26% year over year, outpacing the less expensive end of the market, according to a new analysis by Redfin
'There is a tremendous shortage of inventory, and I think it's the only thing holding us back,' the founder of The Agency told Inman leading up to Inman Connect this month
After adjusting for seasonal patterns, requests for purchase loans were down 3% from the week before, and 2% from a year ago, according to the Mortgage Bankers Association
New-home sales illuminate the health of the market, and where it might be heading in the near-term. As agents grapple with tight inventory, they'll want to keep an eye on the data
This is the third month in a row that home prices across the country have seen double-digit annual growth
Residential construction spending continued to grow in April, rising 1.3% month over month for new single-family builds, according to report from the US Census Bureau
Pending sales data has its limits, but it's also one of the best ways to try to predict the near-term future of the real estate market
Continued inventory shortages and heightened buyer demand led to a red-hot May where nearly 60% of homes went under contract in 2 weeks
Post-COVID buyer needs are changing, creating new opportunities for agents who are willing to specialize. What segments stand to gain in the new normal?
Support builds at the Fed to at least begin discussions on when to taper mortgage bond purchases, which have kept have kept long-term interest rates low
Inventory can be found anywhere — real estate agents just have to get creative and put a little legwork into unearthing it
In a reversal from the previous month, pending-home sales decreased in all regions except the Midwest, which saw gains of 3.5% from March to April
The biggest monthly move since 2013, a four-point drop in average FICO scores from March to April, is confined to borrowers refinancing existing loans
