National News

After two strong months, pending home sales slow

After two straight months of nationwide increases, the number of listings under contract by the end of July fell on a monthly basis.

Why slowing home price growth is only part of the picture

So far, recent declines in mortgage rates have mainly resulted in more refinancing activity — not in a surge in home sales.

Consumer confidence remains strong amid economic unease

The Conference Board’s Consumer Confidence Index for August showed Americans shared broadly strong views of the overall economy and their own financial health near the end of the summer.

Builders finish summer strong but face uncertainty ahead

Economists were expecting new-home sales to finish stronger in July, aided by low mortgage rates that act as an incentive for buyers.

Existing-home sales post year-over-year gain

Sales of existing homes in July logged their first year-over-year gain in 16 months.

Millennials need more education on home buying

Despite financial issues and a lack of knowledge, 89 percent of millennials still said they hoped to become a homeowner at some point.

Housing starts show builders are cautiously optimistic

U.S. homebuilders appear optimistic that low mortgage rates can turn the tide in favor of stronger sales in the months ahead.

Keller Williams and Offerpad will join forces

Keller Offers will partner with established iBuyer Offerpad to offer customers a hybrid of the services the two companies provide.

Why prestigious properties can be a tough sell

Perhaps contrary to popular belief, the unique homes built by architect Frank Lloyd Wright tend to remain available on the market for several years at a time.

New policies to expand access to federally backed mortgages

Two new policies in the works have the potential to reshape the way homebuyers access credit through programs backed by the U.S. government.

Why a recession could be near and what it means for housing

A constellation of factors point to a possible recession in the coming months or years, but the housing market will be neither the cause of it, nor the hardest-hit part of the economy.

For buyers and sellers with kids, time is of the essence

Homebuyers and sellers with children under 18 years old prioritize prompt responses and timely transactions when working with real estate agents, often even more so than clients without kids.

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.

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