By the NumbersMixed market signals: Mortgage rates shoot up, sales trend positiveEven as interest rates and prices keep rising, new and pending home sales have ticked up.Dave GallagherApril 25, 2024
By the NumbersInventory is way up in Florida — but prices are still risingActive listings are back to pre-pandemic levels, but home prices — and home insurance costs — keep going up, creating a tough market for buyers and sellers.AJ LaTraceApril 19, 2024
By the NumbersMortgage interest rates soar above 7%, reaching new 2024 highNo rate relief is expected soon, and home prices are also setting records this spring, suppressing existing home sales.Dave GallagherApril 18, 2024
By the NumbersHousing Market Decoded: 3 factors that could affect summer home salesGet answers to the big questions on everyone's mind: What will happen with inventory and mortgage rates — and will the NAR settlement impact the market?Lisa SturtevantApril 17, 2024
By the NumbersWith no rate cuts expected soon, financing a home remains toughAs the U.S. economy continues to show strength, mortgage rates could stay in the 7% range this homebuying season.Dave GallagherApril 11, 2024
By the NumbersInvestors feeling optimistic, buying record share of homesA pair of new reports look at the role investors played in the housing market last year and offer insights into their current outlook and pain points.AJ LaTraceApril 9, 2024
By the NumbersBuyers are adjusting to a higher-rate environmentWhile consumers are feeling less enthusiastic about the direction of mortgage rates, they “appear to be moving past the hurdle of last year’s sharp jump.”Dave GallagherApril 9, 2024
By the NumbersMortgage rates remain steady, but for how long?Mortgage rates ticked up slightly this week, but have stayed in a narrow range throughout 2024. Upcoming economic reports could test this period of stability.Dave GallagherApril 4, 2024
By the NumbersPrice cuts hit a five-year highThere are more green shoots for would-be home buyers this spring as inventory grows to its highest point since 2020, according to Realtor.com’s monthly report.Dave GallagherApril 4, 2024
By the NumbersA resurgence of first-time buyers, and a look at agent payNAR’s annual generational trends report examines buyer and seller characteristics and dives into their needs — and how they compensate agents.Dave GallagherApril 3, 2024
By the NumbersNortheast and Midwest markets are still sizzling hotThe regions continue to see significant price growth and elevated buyer activity, but national price growth is expected to slow this year as supply increases.AJ LaTraceApril 2, 2024
By the NumbersDown payments, cash offers rise in response to interest ratesDespite a less competitive market for buyers, cash remains king — not to win bidding wars, but to avoid inflated financing costs.Cheryl Reid-SimonsMarch 29, 2024
By the NumbersMortgage rates creep down, but not enough to tempt buyersMortgage apps dropped this week even as rates fell, but pending sales began to show signs of life.Cheryl Reid-SimonsMarch 28, 2024
By the NumbersIt's cheaper to rent than buy in nearly every big cityA new report from Realtor.com looks at the cost gap between renting and owning and finds that many markets are now significantly more favorable to renters.AJ LaTraceMarch 26, 2024
By the NumbersNew home sales cool, but still up nearly 6% annuallyThe inventory of new homes remains elevated, helping offset the low levels of available existing homes.Dave GallagherUpdated March 26, 2024
By the NumbersExisting sales make the biggest leap in a yearWhile home sales still aren’t as strong as they were in 2023, the near-10% jump in February “is a good sign” — but the momentum may not last.Cheryl Reid-SimonsMarch 21, 2024
By the NumbersSpring kicks off with rising mortgage ratesHomebuyers may have more choices, but financing continues to be challenging.Dave GallagherMarch 21, 2024
By the NumbersAgents, get your sellers readyA new Realtor.com report concludes that the best time to list in 2024 is right around the corner. Robert DavisMarch 21, 2024
By the NumbersHomebuilder sentiment at highest level since last summerLow existing home inventory and the expectation of falling interest rates continue to drive builder optimism. Also, housing starts are up 5.9% vs. last year.Dave GallagherMarch 18, 2024
By the NumbersMortgage rates see biggest weekly drop since DecemberRates eased this week, but they will likely remain elevated throughout the spring months as the Fed waits to take action on interest rates.Dave GallagherMarch 14, 2024
By the NumbersTwice as many sellers are looking to relocate in 2024A Coldwell Banker survey found a big increase in the number of sellers willing to move to another city or state as price considerations now outweigh location.Dave GallagherMarch 13, 2024
By the NumbersThe new prime time for sellers? It’s no longer MayA report from Zillow found that summer can be the most lucrative time to list, but low inventory means rate fluctuations can “make their own seasonality.” Cheryl Reid-SimonsMarch 8, 2024
By the NumbersMortgage rate dip leads to jump in activityRates fell slightly this week, ending a four-week run of increases, and mortgage applications were up nearly 10%. Inventory and consumer sentiment are also up.Dave GallagherMarch 7, 2024
By the NumbersAffordable homes sprouting more quickly as spring approachesRealtor.com’s February housing report shows inventory rising, especially in the South, and availability of homes priced between $200k-$350k increasing by 20.6%.Cheryl Reid-SimonsMarch 5, 2024
By the NumbersHome flipper optimism continues to rise — for nowThe winter dip in mortgage rates gave a boost to first-time buyers and home flippers, a new report shows. Whether that continues depends on the Fed.AJ LaTraceMarch 3, 2024