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Existing-Home Sales Trends, 2009 – 2019
Every month NAR produces existing home sales, median sales prices, and inventory figures. In this post, I provide a perspective of the market in the last 10 years, from 2009 through 2019.  I......

Home Sales Dip, But First-Timers Return to Market
...trend is emerging: First-time home buyers are making a move into the housing market as low mortgage rates prove to be an enticing incentive. Lawrence Yun, chief economist for the National......

Mortgage Rates Inch Up Slightly This Week
...more than a decade. This is a good sign for the inventory-starved housing market and is a promising indication for the spring homebuying season.” Freddie Mac reports the following national......

Cobuying Gains Traction Among Young Adults
...a] single income. How can I get into a house?’” Jessica Lautz, NAR’s vice president of research, told realtor.com®. “Finding someone who’s renting currently and matches your ideal [co-buyer profile]......

The connection between mortgage rates and the coronavirus explained
Kevin Frayer/ It does seem puzzling that the direction of mortgage rates in the U.S. might be tied to something as seemingly unrelated as the worldwide coronavirus outbreak. The other day......

Sales of new homes in Houston remain flat in January
...in January as sales reached 1,319, according to HomesUSA.com's New Home Sales Index, which tracks a 12-month rolling average using data provided by the Houston Association of Realtors. The figure......

Number of houses for sale in Palm Beach County plunges
...December. That represents a jump of 6.8% from January 2019. Meanwhile, home sales rose to 1,094, a 29% spike from January 2019, Realtors said. Fewer homes are on the market in part because......

Existing-home sales remain solid amid scarce inventory
...sales pace underscores how a robust jobs market, rising wages and low mortgage rates are bolstering housing demand. The report and other recent data, such as a surge in single-family housing......

Riaz Capital Locks Into $100M OZ Fund Goal
...closing the affordability gap in the expensive local housing market. San Francisco Bridge. NEW YORK CITY- Riaz Capital, a......

Zillow is buying houses now — and losing lots of money in the process
...to other ways of making money" in the transaction, like referral fees, title insurance and mortgages. "If Zillow is able to count each of those people as a customer, they'll win," he said. "And......

Refinance rates today, February 21, 2020 | Rates move higher
...see where rates are right now? Lenders nationwide respond to Bankrate’s weekday mortgage rates survey to bring you the most current rates available. Here you can see the latest marketplace......

Zillow is losing millions on selling homes. But its risk-taking CEO isn't worried
...to other ways of making money" in the transaction, like referral fees, title insurance and mortgages. "If Zillow is able to count each of those people as a customer, they'll win," he said. "And......

Mortgage rates today, February 21, 2020 | Rates trend upward
karamysh/Shutterstock Several benchmark mortgage rates climbed higher today. The average rates on 30-year fixed and 15-year fixed mortgages both rose. The average rate on 5/1 adjustable-rate......