September New Home Sales: Continued Strength
September new home sales were down 0.7% from August, to 701,000 units (SAAR). Sales were up more than 15% from a year ago.
Brexit Progress Pushes Rates to Highest Levels in a Month
Mortgage rates rose this week as progress surrounding the Brexit negotiations helped push rates to their highest levels in over a month.
September Existing Home Sales: Back Down to Earth
There simply are not enough lower-priced homes to keep the market humming. While builders are putting up more homes, their pace is not keeping up with what buyers demand.
To Afford Homes, Buyers Work More and Give Up Entertainment and Vacations
Buying a home is expensive – often the single priciest transaction most of us ever undertake. So it should come as little surprise that a majority of home buyers report making some kind of financial sacrifice to afford their homes – with younger buyers, first-time buyers and/or parents more likely to give up something.
Quiz: What $1 Million Gets You, and Where
You can do this the easy way -- by first reading our analysis of what $1 million homes look like in cities around the country -- or you can wing it. Either way, there are surprises!
September Housing Starts: Headwinds Still Blowing
On the heels of an exceptionally and unexpectedly strong August, these steep September retreats in housing starts and permits are a reminder that builders still face considerable headwinds.
For-sale inventory continued to fall in September after a mild recovery earlier this year, hitting their lowest levels since Zillow began tracking the data.
Rates Rise on Tentative Trade Optimism
It’s a pivotal moment for two major geopolitical stories, so it’s likely that more volatility for mortgage rates is on the horizon.
