Mortgage Rates May Breach 8%, But Don’t Expect a Major Market Shift
More potential buyers will be priced out and the inventory deficit may deepen the higher mortgage rates rise.
Rents Are Just Barely Climbing (September 2023 Rent Report)
Annual rent growth cooled again, to 3.2%, in September.
Metric Spotlight: More Price Cuts, Fewer Bidding Wars as Seasonal Cooldown Settles In
Buyers in New Orleans, Florida and Texas are seeing the fewest bidding wars
Fall Housing Market Outlook: Cooling Quickly
The seasonal cooldown for the housing market is shaping up to be extra chilly this fall, swinging negotiating power toward buyers.
Federal Government Shutdown May Leave Thousands of Home Buyers in Limbo
Federally insured mortgage approvals are likely to be delayed, impacting Black borrowers most directly
August 2023 New Home Sales: New Sales Still Strong Compared to a Year Ago
New home sales slipped from last month, but are still elevated from a year ago.