Housing Market News
Near-Record Housing Costs Put a Lid on Pending Sales, Even as Early-Stage Demand Picks Up
House hunters are touring homes and applying for mortgages as rates stay below 7%, but prospective buyers aren’t always following through with a purchase. The
More People Are House Hunting and Applying For Mortgages as Rates Decline
Prospective homebuyers are hitting the pavement as rates drop to their lowest level since mid-December. But that hasn’t yet translated to sales. More house hunters
Pending Home Sales Are Down 6%, But Falling Mortgage Rates Are Starting to Attract Buyers
Mortgage rates dipped to their lowest level in nearly three months this week, which has pushed mortgage-purchase applications up. But pending home sales are still
Home-Price Growth Slows As Mortgage Rates Dip to Lowest Level in Over 2 Months
Some Redfin agents are advising prospective buyers to get serious now as mortgage rates decline and the housing market tilts in buyers’ favor. The median
Some Good News For Homebuyers: Slower Price Growth, More Supply and More Bargaining Power
The median monthly housing payment remains near record highs, but slowing price growth, declining mortgage rates and a pileup of supply is giving homebuyers in
Housing Supply Is Piling Up As Home Sellers Enter the Market But Buyers Stay on Sidelines
New listings are up 7.4% from a year earlier, while pending sales are down 6%. Sales are slow mostly because of high home prices and