Consumer

Inventory is up and existing home sales have dropped, both variables that could be good news for buyers — but mortgage rates remain stubbornly elevated.

California’s January wildfires ravaged Altadena and the Pacific Palisades, but optimism is helping the communities maintain their spirit.

Redfin data indicates buyers are gaining negotiating power as pending sales cancellations hit the highest level for the month of June since at least 2017.

After sitting below $1 for months, the iBuyer’s stock was up as much as 441% in the past week. The company is also seeking approval for a reverse stock split.

While some sellers seem to be reacting to the shift toward a buyers market, stubbornly high mortgage rates aren’t making the transition easy for buyers.

Lawrence Yun said this week that home sales could still tick up slightly this year, and if mortgage rates hit 6%, next year could see double-digit growth.

Affordability and lifestyle preferences may be driving home shoppers’ online searches for homes in new locations, Realtor.com data suggests.

The five “summer launch” features include a drone-like view of listings, tour scheduling updates and other “magic wand” improvements for agents.

HOA Warranty, a growing startup, aims to keep sales on track by offering protection against unexpected special assessments in buildings with low HOA reserves.

Internal dissent at the Fed continues. Meanwhile, the president extended his tariff deadline and the FHFA introduced a major credit score policy change.

Mortgage applications are up, but a rise in rates combined with job loss concerns and tariff uncertainty could kill the momentum.

Newly launched brokerage WithJoy.AI aims to get buyers through most of a transaction with tech, providing a big commission rebate in return.

Homes are spending more time on the market and about 20% of listings are getting price cuts, according to Realtor.com’s latest market trends report.

There has been a significant drop in Canada-based searches for U.S. homes amid escalating tensions between the two countries, Redfin data indicates.

Most clients don’t know what a typical down payment is — in fact, it’s one of the biggest misunderstandings among buyers, according to NAR research.

Despite falling mortgage rates and low unemployment, the combination of economic uncertainty and high home prices indicates the market slowdown will continue.

Bill Pulte is asking Congress to investigate Jerome Powell for “malfeasance.” The move follows months of criticism from Pulte and Trump over interest rates.

The changes, which include an overhaul of the California Environmental Quality Act, target affordability and the housing shortage, the governor’s office said.

The bill’s advancement shows that the Trump administration and Congress “respect the voice of our members,” according to NAR’s Shannon McGahn.

More members of the Federal Reserve are talking about interest rate cuts, with some pushing for action soon and others concerned about tariff impacts.