Articles about Real Estate
Latest articles about Real Estate, sorted from newest to oldest.
Us Homes Sales Bounced Back in February as Homebuyers Seized on Easing Mortgage Rates
The National Association of Realtors reported a 7.4% increase in existing home sales in February, exceeding expectations and marking the first monthly gain in six months. This uptick in sales is largely attributed to the decline in mortgage rates, which have dropped by 1.5% since the start of the ye...
Home Sellers Are Relisting Properties at Fastest Pace in a Decade, but Spring Supply Is Still Low
As the housing market continues to experience a rollercoaster ride of fluctuations, new data from Realtor.com reveals that home sellers are relisting their properties at the fastest pace in a decade. This trend has led to a notable surge in the number of homes on the market, with over 1 million list...
Homebuyers Are Backing Out of Deals at the Fastest Pace in Nearly a Decade
The latest data from the National Association of Realtors (NAR) reveals that homebuyers are backing out of deals at an alarming rate, with the number of contract cancellations reaching its highest point since 2014. The NAR reported that 44% of homebuyers in December canceled their contracts, up from...
Current Mortgage Rates Continue to Rise Amid Economic Uncertainty
The US housing market has been experiencing a significant shift in recent months, with mortgage rates continuing to rise amid economic uncertainty. As of today, the average 30-year fixed mortgage rate stands at 7.04%, up from 3.92% in January 2022. This sharp increase has left many homebuyers and re...