Current Market Data
The average 30-year fixed mortgage rate dropped more than a quarter point since last week.
The National Association of REALTORS® said its Pending Home Sales Index rose 4.8% month over month.
There are plenty of ways to upgrade a home without knocking down walls or hiring a whole construction crew.
Just 13% of respondents expect an increase in buyer traffic in the next three months.
Despite record high prices, two factors are creating opportunities for homebuyers this summer: falling mortgage rates and rising supply.
Despite spending more time than ever at home, more than half of Americans admit to hiding from their neighbors, according to a survey from Top Rail Fence.
Summer is underway, and many homeowners are looking for ways to upgrade their outdoor spaces so they can enjoy the heat in style.
The record-breaking sales price comes as the pace of transactions slid from April, the National Association of REALTORS® said.
The average 30-year fixed mortgage rate dipped to 6.87%.
With warm weather heating up much of the United States, many homeowners are craving new summer styles for their living spaces.
The S&P CoreLogic Case-Shiller U.S. National Home Price Index has hit a new record for six of the last 12 months, as demand remains strong in the face of tight inventory.
At the same time, the median price of a new home sold in April declined as well.
Buyers are finally getting some relief as mortgage rates dip below 7% for the first time in five weeks, according to a Redfin report.
New-home construction jumped 5.7% month over month after a soft March, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
According to a new report from RentCafe, hotels have overtaken offices as the most likely spaces to be converted into new apartments.
Monthly home payments hit new records last month reaching an all-time high of $2,747, an 11% increase from last year.
