Redfin: Pandemic Boomtowns Are Cooling
Home-price growth has slowed fastest in pandemic boomtowns like Austin, Phoenix and Boise, with inflation and high mortgage rates to blame.
Tagged: Inflation
Fannie Mae: Recession Still Expected For 2023
The GSE says a modest recession is expected to enter and exit throughout 2023, with home sales rebounding in the end of Q2 2023
Redfin: Big Rate Drop A Boost For Buyers
Mortgage rates dropping from over 7% to 6.6% this week means homebuyers have more money available.
Gen Z Cautious About Home Ownership
A Freddie Mac survey showed that Gen Zers still strive to buy homes, but face affordability challenges.
Mortgage Rates Drop After Good Inflation Report
Rates posted their largest single-day decline since 2009.
A Mixed Bag Of Emotions About Housing Market
A survey done by Offerpad reported that more than a third of Americans are hopeful about the housing market, despite recent shifts.
Economists: Inflation May Have Peaked
CPI slipped to 7.7% in October, the smallest YOY increase since January.
Rocket Launches Rocket Rewards
Nation's largest lender is showcasing a loyalty program that offers homebuyers savings on closing costs.