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US purchases of new homes fell in May by the most in almost three years as rampant sales incentives fell short of alleviating affordability constraints.
June 25
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The resale market looks set to languish for the foreseeable future without some letup in financing costs or downturn in prices.
June 23
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Previous predictions of a "silver tsunami" that might add essential housing supply are ebbing as senior citizens see benefits of aging in place, Redfin said.
June 18
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Confidence among US homebuilders fell to the lowest level since December 2022 in June, with potential buyers deterred by high mortgage rates and anxiety about tariffs and the economy.
June 17
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Housing permits fell for the fourth consecutive month as builders pull back on construction amid high costs and uncertain demand.
June 17
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But improved for-sale supply is providing buyers with more options and helping to keep softer price pressures for those looking to buy, writes Cotality's Chief Economist.
June 5
Cotality -
Wall Street is cranking up the bond machine as US homeowners, finding that buying a new house is out of reach since mortgage rates started climbing in 2022, are instead getting home equity loans and sprucing up their current properties.
June 5
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The publicly traded firm said it anticipates more deals after making its first loan to a developer for $32.7 million, which will support 156 homes in Houston.
June 4
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The combined prices of properties on the market for more than 60 days currently make up close to half of total unsold dollar volume, according to Redfin.
June 2
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Pending sales of previously owned US homes last month fell by the most since September 2022, illustrating a disappointing spring selling season as prospective buyers balk at high asking prices and borrowing costs.
May 29
