U.S. Housing Market
ALTA Adds Title Insurance Endorsements to Combat Seller Impersonation Fraud
ALTA has also updated its Best Practices framework to help title agents better identify emerging versions of these crimes. Continue Reading ALTA Adds Title Insurance Endorsements to Combat Seller Impersonation Fraud
Mortgage Application Activity Down Slightly
Among the federal program, the FHA share of total applications increased to 19.1% from 18.4% the week prior. Continue Reading Mortgage Application Activity Down Slightly
RE/MAX: Home Sales Up 23% in March
The median sales price last month was $435,000, which was nearly $8,000 (1.8%) higher than in February. Continue Reading RE/MAX: Home Sales Up 23% in March
eXp Realty Releases Advisory Form for Sellers Planning a Private Listing
The form is open-sourced and available now for agents, brokers, and consumers. Continue Reading eXp Realty Releases Advisory Form for Sellers Planning a Private Listing
Inbound Migration to Sun Belt States Waned in 2024
Tampa recorded a net inflow of just over 10,000 residents last year, less than one-third the 35,000-person net inflow in 2023. Continue Reading Inbound Migration to Sun Belt States Waned in 2024
As U.S. home prices fall, an alarming number of buyers are underwater
Source: CBS News --- Surging mortgage rates aren't just raising the cost of purchasing a new home. An alarming number of recent homebuyers have discovered they already owe more on their property than it's worth, according to a new analysis. Some 250,000 people who...
More Builders are Cutting Prices and Offering Incentives – But Not at 2008 Levels
Source: NAHB --- As the housing market has slowed rapidly over the past several months, builders have increasingly been reducing prices and offering special sales incentives – but nowhere near the same rate as during the 2007-2008 Great Recession when the housing...
‘The coldest winter’; Rising interest rates cool off Bay Area real estate market
Source: CBS News --- SAN MATEO -- The pendulum is shifting in what many have described as a 'roller coaster' real estate market. Sellers are no longer in the driver's seat, and buyers have the edge. But that doesn't mean the market is favorable for buyers right now,...
US home prices will post first year-over-year decline in decade in 2023: experts
Source: New York Post --- The US housing market’s deep freeze is likely to accelerate next year and result in the first year-over-year decrease in home prices in a decade, according to experts at real estate firm Redfin. The median US home sale price is projected to...
What’s happening with the housing market? Mortgage rates, home prices and affordability
Source: USA Today --- Potential buyers remained reluctant to take the plunge on financing a home purchase even as mortgage rates fell for the fourth straight week. Mortgage applications decreased 2% the week ending Dec. 2 compared to the previous week. And the average...
Here’s how many Americans think US housing market is heading for a ‘crash’
Source: New York Post --- A significant portion of Americans fear the once-booming housing market is headed for a significant crash in the months ahead, recent survey results from LendingTree showed. According to the survey, 41% of Americans expect the housing market...
‘We’re Not In A Frenzy Anymore,’ Real Estate Agent Says Amid Home Sellers Pulling Properties Off The Market
Source: Yahoo! --- According to Redfin Corp (NASDAQ: RDFN) data, a record number of houses are being delisted as sellers confront a significant reduction in interest. During the three months ending Nov. 20, 2% of houses for sale were delisted without being sold,...
Tips for Starting Over in a New City
A fresh start can be refreshing, especially after a low point in your life. It may feel like you're carrying the world's weight on your shoulders, but starting over in a new city can help you leave all that behind. 3 Tips for Starting Over in a New City Starting with...
December Mortgage Rates May Seek Calm After Turbulent Year
Source: NerdWallet --- December mortgage rates forecast Interest rates on fixed-rate mortgages could stabilize or even drift lower in December. Lower mortgage rates would be a welcome respite to conclude a tumultuous year in which rising rates strained people's...
Why Today’s Housing Inventory Proves The Market Isn’t Headed For A Crash
We all remember the housing crash of 2008 even if we didn’t own a home. It is something that stays embedded in our minds. As we take a look at the market over the last year, some of us have been at the edge of our seats wondering where it’s headed. Some say we’re...
