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Housing starts slow in October but remain elevated

The number of homes under construction rose during the month, as homebuilders continued to work through a large backlog of homes. 

MBA: Mortgage applications rebound on lower rates

The largest single-week decline in conventional mortgage rates since July brought the first increase in home-loan applications since September, the Mortgage Bankers Association said. 

Boston ranked one of the best metro areas for cashing in on downsizing

Downsizing from a four-bedroom home to a two-bedroom home in the Boston area would save the typical homeowner nearly $275,000.

Boston named one of the cities with the best real estate prospects in 2023

The 44th edition of the in-depth forecast report examined 80 cities to determine trends in the real estate industry for 2023.

CoreLogic: September brings fifth consecutive monthly slowdown in home-price growth

Looking ahead, CoreLogic expects national year-over-year appreciation to slow to 3.9% by September 2023. 

NAR: Pending-home sales drop 10.2% in September

September is the fourth month in a row to see declining sales activity. 

Mortgage rates top 7% for first time since 2002

A 30-year fixed-rate mortgage rose to 7.08% this week from 6.94% a week ago, Freddie Mac reported. A year ago, the average mortgage carried a 3.14% rate. 

New-home sales resume downward trajectory in September

Mortgage rates continued to weigh on homebuyers in September, following a brief uptick in new-home sales in August.  

MBA: Mortgage applications fall as 30-year fixed hits 21-year high

At the same time, mortgage applications declined 1.7% on a seasonally adjusted basis on a week-over-week basis, according to the Mortgage Bankers Association. 

Still deep in positive territory, home-price gains post steep declines in latest Case-Shiller

In Boston, home prices posted an 11.4% year-over-year gain in August, compared to a 1.3% gain in July. Month over month, prices fell 1.2%.

NAR: Existing-home sales fall for eighth month in a row in September

Month over month in September, existing-home sales slid 1.5% to 4.71 million, which is 23.8% lower than the year before. 

Housing starts miss expectations in September

New home construction missed analyst estimates in September, falling 8.1% month over month to an annual rate 1,439,000 homes, according to government statistics. 

More than half of Americans would buy a haunted house in 2022

Approximately 58% of homebuyers say they’d be willing to purchase a haunted house — and nearly 25% think they already have.

CoreLogic: Pace of home-price increases slows for fourth month in a row in August

Looking ahead, CoreLogic expects the year-over-year pace of home-price appreciation to slow to 3.5% by August 2023. 

American Home Shield: Average home sizes vary dramatically across the U.S.

The average median home size varies drastically across the country, according to American Home Shield’s 2022 American Home Size Index.

NAR: 2022 Member Safety Report for residential real estate

While 23% of residential Realtors claim they have feared for their safety while on the job, 98% reported that they have never been the victim of a crime while at work.

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