Low inventory propped up price growth this spring
US home values grew 1.4% between April and May of 2023 — slower than the past 2 springs but faster than both the 2018 and 2019 spring markets
by Ben Verde Jun 12
Here are 5 reasons we won't see a housing market crash this year
Opinion
According to Splitero CEO Michael Gifford, we’re still in an affordability crisis and unlikely to see a complete housing market tumble in 2023
by Michael Gifford Jun 12
It's definitely a seller's market: Buyer sentiment sags in poll
With home prices propped up by scarce inventory and mortgage rates showing few signs of easing, only 19% of Americans surveyed by Fannie Mae thought May was a good time to buy
by Matt Carter Jun 9
Can Home Depot's tiny home put a dent in the housing crisis?
This week: Home Depot rolls out its new tiny home. Can initiatives like this make an impact on the affordable housing crisis?
by Christy Murdock Jun 9
Missing middle: Home shortage for middle-income buyers hits 320K
The US needs to not just build more new homes, but build more new homes that are affordable to most people, according to a new report from the National Association of Realtors and Realtor.com
Treasury Secretary: Commercial real estate will suffer 'some pain'
In her first interview since the resolution of the debt ceiling crisis, Treasury Secretary Janet Yellen said that while she expects 'some pain' and even consolidation, banks will weather the storm
by Matt Carter Jun 9
Robert Reffkin: Sub-4% mortgages are 'handcuffs' for home inventory
In a Bloomberg Markets TV appearance, the top boss at Compass said homeowners are treating a 3% mortgage rate 'as a financial asset' — at least for now
by Daniel Houston Jun 8
Mortgage rates ease but fail to revive homebuyer demand
Some Fed policymakers say even if they skip hiking rates next week to assess the latest inflation data, that doesn't mean they're ready to pause altogether
by Matt Carter Jun 7
Third of homes now purchased in cash, highest level in 9 years
A new report released by Redfin found that 33.4% of home purchases were made in cash during April 2023 — up from 30.7% a year earlier
by Ben Verde Jun 7
The Texas plan that could win even more new homeowners
High property taxes in Texas have in the past canceled out some of the state's affordability advantages. But political leaders are looking for ways to reduce homeowners' tax burden
by Jim Dalrymple II Jun 6
LISTEN: In today's market, can doing good help agents do well?
Opinion
Atlanta broker-owner Amy McCoy joins Dr. Lee Davenport for a discussion of community advocacy and housing equity
by Lee Davenport Jun 6
LoanDepot hires new CFO and parts ways with 4 top managers
CEO Frank Martell recruits former CoreLogic colleague David Hayes and streamlines management ranks as losses pile up and mortgage originations hit another new low
by Matt Carter Jun 5
Does this financial analyst have an economic crystal ball?
Opinion
Could an obscure chart provide a roadmap for investment? Bernice Ross talks with money mentor Chris Naugle about a little-known pattern of economic trends dating back to the 19th century
by Bernice Ross Jun 5
Here's what agents are pulling down at the top US brokerages
With fewer transactions in play, agent recruitment and retention comes down, in many cases, to the way agents are compensated
by Mike DelPrete Jun 5
The agent's guide to crafting a winning unique value proposition
Your unique value proposition is more than just a catchy slogan. It’s a powerful way to differentiate yourself from your competition
by Jeremy Knauff Jun 3
Mortgage rates ease on debt deal, but jobs report fuels inflation fears
Friday's strong jobs report renews worries that the Federal Reserve is not done hiking rates to combat inflation as policymakers face June 14 decision to 'hike, skip or pause'
by Matt Carter Jun 2