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Housing Market

Weekly Market Update

Rising Mortgage Rates Haven’t Yet Slowed Pending Sales

Pending home sales posted their biggest increase since 2021 this week. But some house hunters are starting to pull back.  Home sales are rising. Pending U.S. home sales rose 3.2% year over year during the four weeks ending October 13, the biggest increase in three years. On a local level, pending sales are up in […]
Affordability

Renters Are Nearly Twice as Likely as Homeowners to Say Housing Affordability Impacts Their Pick for President: Survey

32% of surveyed renters say housing affordability is a top-three issue when it comes to deciding which presidential candidate they’ll support. That compares with 17% of homeowners. The economy, inflation and health care are the most common top-three issues for survey respondents as a whole. 52% of surveyed homeowners say they’re better off financially than […]
Weekly Market Update

Pending Home Sales Post Biggest Increase Since 2021

Home sales are rising in most major U.S. metros as housing payments sit near their lowest level since January, but they’re falling in coastal Florida as hurricanes hit the southeastern U.S. Mortgage rates rebounded over the weekend; that could soon begin to impact homebuyer demand. Pending U.S. home sales rose 2% from a year earlier […]
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