Housing markets

Prices in several cities came in more than 20% above what would be considered a sustainable level when compared to local economic factors, according to the rating agency's report.

While a Fannie Mae study confirms that the vast majority want to age in place, people 60 and older don't want to use their residence as a piggy bank.

Until Congress addresses the federal deficit, the tendency will be for higher long-term interest rates regardless of what the Fed does with the short end of the yield curve, writes the Chairman of Whalen Global Advisors.

The income needed to comfortably afford a home in the US has leapt 80% since 2020, far exceeding a 23% increase in median income over the same period, according to a post on Thursday by Zillow.

Nearly half of sellers and buyers in a recent LendingTree survey said they didn't know what commission percentage their agent received in their most recent transaction.

Loan volumes fell for the third straight week, with depressed demand for government lending driving activity downward, the Mortgage Bankers Association said.

High rates and home inventory shortages have increased the importance of builders as referral partners. Here's how some mortgage lenders partner with them.

Prices nationally rose 5.5% from a year earlier, according to data from S&P CoreLogic Case-Shiller.

The volume of active for-sale condo listings in the Sunshine State increased by 40% last month compared to a year earlier, Redfin said.

Sales of new homes in the U.S. edged higher in January as builders and buyers capitalized on lower mortgage rates at the start of the year.

Despite limited inventory and rising prices, buying interest appears robust heading into peak season, but lenders are likely to find a more discerning consumer.

Across the nation, over 700,000 Black families are "income mortgage-ready," or able to spend 30% or less of their income on a home loan for the typical house in their local market.

Sales of previously owned U.S. homes rose in January by the most in nearly a year as buyers took advantage of lower mortgage rates at the start of 2024.

The top 3 cities have an average median listing price of $217,967.

Significantly more Americans own a home now than a decade ago, but the disparity between Black homeownership rates and those of other racial and ethnic groups has grown wider, according to the National Association of Realtors.

Each state was rated on a number of factors in five categories, including affordability, overall well-being, quality and cost of healthcare, weather and crime.

The rebuff Tuesday ends months of deliberations over the cases, which had been fully briefed since late September. The court as a whole gave no explanation for either the rejection or the unusually long delay. 

Comparable sales fell 3.5% in its fiscal fourth quarter, Home Depot said Tuesday.

A deal between consumers and a Multiple Listing Service doesn't solve the issue of buyer brokers "steering" clients to listings with higher commissions, lawyers for the government said.

U.S. new-home construction sank at the start of the year by the most since the onset of the pandemic, indicating the recovery in the housing market will be gradual as many buyers await a further decline in mortgage rates.