Home sales under contact remained relatively the same as August with an uptick in sales forecast on the horizon, as lower rates, improved affordability, and higher inventory begin to draw more buyers back into the market
Tagged: National Association of Realtors (NAR)
Studies find that there are currently 36.7% more home sellers in the market than buyers — a near-record gap, which is good news for buyers who have an opportunity to negotiate and ask for concessions
Rate falls about 3.1% YoY in largest drop since 3Q 2021, report finds
Calls grow to reform tax law NAR says is ‘stifling market turnover, squeezing supply, and driving up prices’ of homes
Prolonged lags in existing home sales contribute to reduced household spending, services output, economist notes
Bill awaiting presidential signature would make buyer agent compensation flexibility permanent and establish a partial claim option for struggling VA borrowers
Foreign buyers purchased $56B in U.S. homes last year — a 33% increase — though overall activity remains near historic lows
Following FHFA announcement Tuesday, doubts arise regarding potential changes that may be needed to move to VantageScore credit scoring
Report examines home down payments and where they’re sourced
Real estate professionals of all kinds warned to beware of crypto scams exploiting ‘trust relationships’ with clients