Home buyers who waive the inspection contingency must rely heavily on seller disclosures to be informed about any potential problems with the property. But more than 90% of buyers say they found at least one […]
Mortgage rates were back on the rise this week, hitting an average of 5.55%, Freddie Mac reported Thursday. Rates are nearly double what they were a year ago, and the latest housing data from the […]
To support local residents in embracing the economic opportunities created by hosting and entrepreneurship, Airbnb is announcing this week the launch of our Airbnb Entrepreneurship Academy – a flexible and interactive education program focused on […]
Home buyers continue to recoil from higher mortgage rates and home prices, with pending home sales in July plummeting nearly 20% year over year, according to data from the National Association of REALTORS(R) released Wednesday. […]
Just a year ago, homebuilders were overflowing with new contracts and, at times, raffling off their few remaining lots to wait-listed buyers. But since then, buyer traffic has slowed significantly as costs have soared. Rising […]
The average monthly mortgage payment jumped 54% year over year in June while the median household income rose only 5.8%, according to the National Association of REALTORS(R)’ Housing Affordability Index. As home affordability weakened and […]
Mortgage rates appear to be settling in the 5% range after recent dramatic climbs that shocked home buyers. The 30-year fixed-rate mortgage averaged 5.13% this week, down slightly from its 5.22% average a week ago, […]
More signs are pointing to a housing slowdown as existing-home sales–completed transactions for single-family homes, townhomes, condos and co-ops–fell 5.9% month over month and 20% year over year, according to the National Association of REALTORS(R)’ […]
They may have discussed the nuances of onshoring, friendshoring, nearshoring and repatriating, but speakers at the National Association of REALTORS(R)’ C5 Summit this week agreed on this: U.S. companies are looking to bring operations home […]
Builders say more buyers are backing out of sales contracts for new homes as traffic fizzles, causing homebuilder confidence to drop for the eighth straight month, the Commerce Department reported Tuesday. Single-family home construction last […]
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