Market Updates
Today's Market News:Interest Rates Rise to Highest Level in 11 MonthsLast week's mortgage rates rose to 6.65%, which is the highest level since August 2025. This, combined with rising home prices, resulted in fewer prospective home buyers applying for financing.Total...
Market Updates
Today's Market News:At Last: The Return of the Balanced MarketCNBC's latest Housing Market Survey included some positive news: after years of challenges, agents are seeing more balance in their markets.44% of real estate agents who responded to the survey said they...
Market Updates
Today's Market News:Happy 250th Independence Day!The spirit of freedom lives on, in our country and in our hearts. May your July 4th celebrations bring you together with family and friends as we remember the history of our country.Home Prices Hit Record High in...
Market Updates
Today's Market News:Affordable Housing Bill Reaches Final LapEarlier this week, the U.S. House voted 358-32 in favor of the 21st Century ROAD to Housing Act — a bill expected to lower costs for homebuyers and limit investors' buying power in the single-family...
Market Updates
Today's Market News:High Prices Contribute to Fewer Pending SalesIt's not a new problem, but it's not any less frustrating. High housing costs and economic instability are currently discouraging many would-be home buyers.During the four weeks ending June 7th, the...
Market Updates
Today's Market News:Sales Accelerate, Then Rates Hit the BrakesHaving trouble keeping up with housing market stats? You're not alone. While the number of closed home sales rose in May, pending home sales during the same month were flat.U.S. existing home sales jumped...
Market Updates
Today's Market News:Smaller Down Payment? No Problem.Homebuyers in almost every state are making smaller down payments, due to cooling price growth and fewer bidding wars. The typical U.S. homebuyer's down payment fell to $64,000 in March 2026, down 1.5%...
Market Updates
Today's Market News:Home Affordability Improved in April...But Rates Are RisingDuring April, potential home buyers saw affordability improve slightly, due to declining mortgage rates and rising incomes. A household earning the average U.S. income would need to spend...
Market Updates
Today's Market News:Pending Home Sales Rise in Three Out Of Four RegionsPending home sales in April increased by 1.4% month-over-month and rose 3.2% annually, according to the National Association of REALTORS® Pending Home Sales report.The Northeast region saw a 6.6%...
Market Updates
Today's Market News:Pending Home Sales Hit Four-Year HighMore homebuyer activity was seen recently, encouraged by a temporary dip in mortgage interest rates. Rates fell to 6.23% last week from a six-month high of 6.46% two weeks earlier, before returning concerns...
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