Consumer interest is growing, but concerns about durability, appraisals, code compliance, and resale value could complicate financing
Tagged: Homebuyers
Pending listings turned negative in August despite more inventory, lower asking prices, and sellers remaining open to negotiation
Pending sales fell to a six-month low as inventory increased, giving originators more room to use seller concessions to make difficult purchase deals work
The combination would create the sixth-largest publicly traded U.S. homebuilder, while giving Dream Finders a new pool of buyers for its mortgage and title operations
Pending sales fell to their lowest level since early April, but lower asking prices and reduced competition give originators more options to structure deals for qualified borrowers
Redfin says a brief drop in mortgage rates lifted pending home sales to a two-month high, but rising rates and tighter inventory could test whether the momentum lasts
The slowdown comes during the traditionally busy spring selling season, while buyers continue to gain negotiating leverage through concessions and inspections
New tools connect pre-approvals, loan officers, and home search in a unified platform
Redfin reports the typical U.S. housing payment rose to $2,647 as elevated home prices and mortgage rates continue to pressure affordability
Realtor.com says affordability challenges, limited inventory and elevated housing costs are keeping a record number of potential first-time buyers on the sidelines