Fears of an economic fallout are causing long-term U.S. mortgage rates to fall as the newest COVID-19 strain reignites worry among Americans. 

The median sales price of new homes hit a new high of $416,900.

The median existing-home sales price for all housing types rose again on an annual basis, marking 117 consecutive months of gains.

Eviction filings are rising as millions of Americans are being forced from their homes months after lawmakers allowed the federally imposed eviction moratorium to expire. 

The partnership will help potential homeowners find down-payment assistance programs to make homeownership more attainable, especially for first-time buyers.

The pandemic and work-from-home orders have changed where, when and why people buy homes. As a result, housing prices hit the highest median of all time in 2021, as the number of homes for sale fell to an all-time low and the demand for second homes surged, according to a new Redfin report. 

The National Association of REALTORS®  applauded President Joe Biden’s nomination of acting Federal Housing Finance Agency director Sandra Thompson to serve in a permanent capacity.. “Her talents and experience will benefit the enterprises, homeowners and home buyers and the mortgage-financing ecosystem,” NAR President Leslie Rouda Smith said in a press release.

LoanSnap said it used  its innovative AI technology, affectionately called Nell, to close the loan in the record-breaking amount of time.

“November’s housing starts report signals strength for the housing market.”  — First American deputy chief economist Odeta Kushi

In unveiling its predictions, the National Association of Realtors also released its top 10 housing-market “hidden gems” for 2022.

The listing also shows Santa’s North Pole estate’s value has skyrocketed this year.

“While 2021 single-family starts are expected to end the year 24% higher than the pre-Covid 2019 level, we expect higher interest rates in 2022 will put a damper on housing affordability.” — NAHB chief economist Robert Dietz

Louie the Sheep is a local legend in Australia — and his rainbow-hued, modern farmhouse is up for sale.

As part of an ongoing relationship with the Food Recovery Network (FRN), the National Association of Realtors provided roughly 3,475 meals to Americans in the past six months, according to a press release. 

Millennials are at the greatest risk of becoming house-rich and cash-poor as the generation is spending the highest percentage of their monthly income on homeownership costs compared to other generations, according to a new Hometap report.

The decline in mortgage rates prompted an uptick in refinancing, with government refinances increasing more than 20% over the week, MBA associate vice president of economic and industry forecasting Joel Kan said in a press release.