National News

Low rates boost mortgage industry but spook financial markets

Wall Street has found itself increasingly on edge in recent weeks, but strangely, that may be breathing fresh life into the mortgage lending industry.

Consumer confidence on housing hits all-time high

Fannie Mae’s Home Purchase Sentiment Index for July rose to its highest reading in nine years.

Here’s where millennials are moving in 2019

Times are changing and so are the cities of choice for members of the young adult generation.

NAHB: Labor shortages peak, but builders remain optimistic

The long-running shortage of workers in the homebuilding trades hasn’t dented business confidence as much as expected.

With new funding round, Compass may soon go public

New York-based brokerage Compass just got yet another burst of funding—to the tune of $370 million. The latest funding round was announced Tuesday, and brings the total valuation of the company to $6.4 billion, a significant boost from the

Federal Reserve approves first rate cut in 11 years

Officials at the U.S. Federal Reserve voted to reduce the central bank’s key interest rate target for the first time since the aftermath of the 2008 financial crisis, in hopes that it would prevent a global economic slowdown from

Pending home sales finally grow year-over-year in June

The National Association of Realtors’ Pending Home Sales Index broke a 17-month streak of year-over-year declines to log an annual increase in June. Last month also marked the second month in a row in which nationwide pending home sales

Predicted economic slowdown won’t wreck housing market

A panel of economists and experts estimates that the longest period of economic expansion on record has a good chance of ending next year.  In their quarterly home price expectations survey, Zillow and Pulsenomics polled over 100 real estate

Down payment assistance gains favor with buyers

As housing costs have continued to grow faster than the average buyer’s income, more are tapping into resources that can lower the substantial up-front costs of purchasing a home. But that could bring some major changes and a degree

Expert advice for families moving to a new neighborhood

Families may move for a number of reasons, like a new job or an expanding household. Of course, plenty of homebuyers seek out a home in advance of starting a family, too. Findings from WalletHub’s research compared more than 180

What do agents actually think about their income?

A new survey of agents across the industry commissioned by Redfin paints a picture of an industry in transition and perhaps in the midst of some soul-searching. The survey, the first of its kind overseen by Redfin, was done

Despite uncertainty, June new-home sales grow over last year

While sales of previously owned homes continue to underwhelm, housing market analysts are feeling more optimistic about sales of newly-built homes. The U.S. Census Bureau reported new-home sales in June came in at a seasonally adjusted annual rate of

Can Amazon revive Realogy? Ecommerce giant launches broker partnership

The only thing you can’t buy through Amazon is a house—right? No longer, apparently. Amazon and Realogy have partnered to offer a new service called TurnKey, which will match homebuyers with agents and offer users up to $5,000 in Amazon

June home sales slip as affordable homes sell out

The national existing-home market nearly gave up the ground won in May with a less-than-stellar showing for June sales, according to the National Association of Realtors. Sales of existing homes in June came in 1.7 percent below the previous

Harvard report: Home remodeling growth expected to slow

The pace of growth in home improvement spending could soon slow to a crawl. That’s according to a new estimate by the Remodeling Futures Program at Harvard’s Joint Center for Housing Studies, which projects that spending on remodeling will

Millennials are feeling better about housing costs this year

Millennial homebuyers are a critical demographic for the housing market: They are now the largest generational cohort in the U.S. with a large share of them now of prime homebuying age. Millennials are currently in an age range in

Oops! We could not locate your form.