Consumer

After two years of disappointing sales, many expected a breakout spring season fueled by lower mortgage rates. But then the Iran war and inflation interfered.

As more baby boomers sell, localized “Silver Tsunamis” may improve affordability for some buyers, but overall effects will be modest, recent research suggests.

After months of debate, the 21st Century ROAD to Housing Act has finally become law. Plus, FHA requirements raise concerns; Fed appoints task force leaders.

Existing home sales fell in June, cutting short the momentum seen a month earlier. Consumer caution — and elevated mortgage rates — are likely culprits.

The market should continue to plod along, with slight gains expected compared to last year as buyers and sellers continue “adjusting and showing up.”

The company known for its vehicle valuations is entering the residential real estate space with a goal of providing “a tailored strategy to achieve full price.”

The overbidding trend driving up luxury home prices is expected to continue through 2026 as the AI boom brings more high-salaried home shoppers into the city.

Job growth was far more sluggish than expected in June — but probably not enough to panic a Federal Reserve that remains concerned about rising inflation.

Several consecutive months of falling asking prices and rising pending sales indicate that sellers are pricing to meet the market — and finding buyer interest.

If the MBA’s supply and demand projections are correct, the U.S. may have an excess of homes by 2035 — but other variables could alter that trajectory.

Though pending home sales continue to stay ahead of last year’s pace, elevated rates and rising inflation are sapping momentum heading into the summer months.

About 16 million Gen Zers identify as LGBTQ+ — and many don’t rank homeownership as a key step toward attaining the “American Dream,” a recent report found.

Congress overwhelmingly passed the bipartisan bill this week, teeing it up for the president’s signature. Instead, a scheduled signing ceremony was canceled.

Though high rates and home prices continue giving many consumers pause, 53% believe buying a home is a better option than paying rent or moving in with family.

Total regulatory costs involved in building the typical new single-family home now exceed $131K — up from about $94K five years ago, according to the NAHB.

The ROAD to Housing Act could pass in a few weeks. Plus, FHFA seeks broader mortgage fraud prosecution power; lawmaker reportedly asks FTC to probe portals.

With the Strait of Hormuz starting to reopen, oil prices have dropped — and mortgage rates are beginning to tick down amid hopes for easing inflation.

The national inventory crunch and missed opportunities during the pandemic have left many under 35 unable to afford the ability to strike out on their own.

Though the Fed held short-term interest rates steady at its June meeting, several officials now anticipate at least one rate hike before the end of the year.

The move is part of a plan to create a fully end-to-end homeownership platform that spans real estate transactions, omnichannel commerce and home services.