Though pending home sales fell in February for the fourth consecutive month, homebuyer competition is growing fiercer amid record-low inventory. Continue reading….
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RSS feed for this sectionMost Popular Songs for Open Houses
Looking for a playlist for your next event? A new study reveals tunes you may want to consider. Continue reading….
FHA, VA Loan Demand Drops on Higher Rates
“First-time home buyers who rely on these government programs are increasingly challenged by both the rapid increase in home prices and higher mortgage rates,” says MBA’s chief economist. Continue reading….
Buyers Moving States in Record Numbers
The pandemic has sparked a desire to relocate in search of new opportunities—and possibly even greater housing affordability. Continue reading….
White House Releases Plan to Combat Appraisal Bias
The five-step plan aims to fight racial and ethnic bias in home valuations that lawmakers blame on widening the racial wealth gap. Continue reading….
New-Home Sales Softened in February
Buyers turning to the new-home market to drum up more housing inventory may be disappointed. Competition remains high there too. Continue reading….
Millennials Making Up Larger Share of Buyers
They are the most likely generation to use the internet to find a home they will eventually buy, and the most likely to use a real estate agent. Read more from NAR’s new generational trends report. Continue reading….
Pets May Attract Buyers to Homes
Seventy-nine percent of buyers making an offer on a home say seeing signs of a pet in the property won’t deter them, a new survey shows. Continue reading….
Rents Taking a Bigger Bite Out of Pay
Renters spent 30% of their monthly budgets on rents in February as the median rental price hit a new record high. Continue reading….
Where Home Improvement Is Increasing
Record-breaking home price appreciation and higher incomes are all contributing to a jump in home remodeling activity in the nation’s biggest metros. Continue reading….