Housing Inventory, Sales Pace Improve for BuyersData from Realtor.com's August Housing Trends Report included some good news for would-be homebuyers. Property sales slowed, turning in their first year-over-year increase in days on the market since June 2020.Homes...
Home Affordability is on the Upswing NationwideAffordability has improved across the country, according to data from the Mortgage Bankers Association (MBA), with the median home mortgage payment decreasing to $1,844 from $1,893 between June and July.The lower payments...
NAR's Rental Beast Helps REALTORS® Earn MoreA new benefit from the National Association of REALTORS® (NAR) could provide you with the ability to easily convert renters to home buyers.Specifically, NAR members now receive free access to Rental Beast, a secure and...
NAR's Top Economist Predicts Brighter Days AheadThe real estate market could be in better shape than naysayers may think. The National Association of REALTORS'® Chief Economist Lawrence Yun says inflation eased a bit in July, going down from 9.1% in June to 8.5%.He...
Today's Market News:Rates Fall to Under 5% In AugustU.S. mortgage rates have continued to decrease, dropping below 5% for the first time in four months. Earlier this month, the 30-year fixed-rate mortgage fell to an average of 4.99%, according to Freddie Mac.A week...
Top Housing Predictions for the Rest of 2022National Association of REALTORS® (NAR) Chief Economist Lawrence Yun recently offered his top housing market predictions for the rest of 2022. He said that, even with the current housing slowdown expected to continue, there...
Recent Comments