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Why higher rates aren’t crashing home prices Jun. 09th 2023
Home prices aren't crashing, despite what the housing bubble boys are saying. In fact, home prices have firmed up higher recently.
Mortgage payments fell in May while income rose Jun. 09th 2023
With mortgage rates still in the upper-mid 6% range, borrowers who received mortgages in May 2023 paid an average of $2,331 a month, up 20% from a year prior.
Survey: High mortgage rates are keeping many Americans from buying a home Jun. 08th 2023
Nearly two-thirds of Americans say they are waiting for mortgage rates to drop before entering the market, according to a new survey.
Mortgage rates decline following debt ceiling deal Jun. 08th 2023
Mortgage rates fell following the debt ceiling deal, but uncertainty over the Fed's plans have kept them elevated.
Median income earners can only afford 25% of current listings Jun. 08th 2023
A report from NAR and Realtor.com found that the housing shortage would be less severe if there were enough homes for all income levels.
Affordability issues continue to impact home buying and selling perceptions Jun. 07th 2023
High home prices and mortgage rates are continuing to constrain affordability in housing markets nationwide, impacting consumer perceptions.
DataDigest: Water wars in the Southwest Jun. 07th 2023
Arizona is restricting homebuilding in fast-growing areas of metro Phoenix. We look at what impact that could have on real estate markets in the Southwest.
Take more time, ask better questions: How loan officers are getting clients in homes as rates soar Jun. 06th 2023
The loan officers picking up volume are those who understand the market and have an in-depth understanding of clients' financial picture.
Residential real estate activity picks up despite low inventory Jun. 06th 2023
All districts have had issues with low inventory, while buyer demand has remained steady or increased, according to the latest Beige Book.
Tight credit, high rates and low inventory add to buyers’ affordability struggles Jun. 05th 2023
The affordability challenges homebuyers are facing are becoming more deeply entrenched, according to Black Knight.