Brexit, Trade Talks Have Muted Impact on Mortgage Rates
The fact that mortgage rates haven’t taken off in response to Brexit and/or the China trade pact speaks to the complexity of the two situations.
Market Trends
November Housing Starts: Good Vibes
Builders started 1.365 million homes in November, according to the U.S. Census Bureau, up 3.2% from October and up 13.6% from a year ago.
Experts: More Gen Zers than Millennials Will Own Homes
By 2035, when Gen Z begins reaching age 40, experts said they largely expect the homeownership rate among 35- to-44-year-olds to be higher than it is today.
Bold Predictions for 2020: Shrinking Homes and a More Stable Market
We expect a slower market than we’ve become accustomed to the last few years. But don’t mistake this for a buyer-friendly environment.
U.S.-China Tensions Continue to Weigh on Mortgage Rates
Mortgage rates continued their back-and-forth pattern this week, finishing the last seven days slightly below where they were a week before.
Mortgage Rates Remain Steady — For Now
Mortgage rates held mostly steady in the leadup to the long Thanksgiving weekend.
October New Home Sales: Reinforcing the Trend
October new home sales stood at 733,000 (SAAR), according the U.S. Census Bureau, down 0.7% from upwardly revised September numbers but up 31.6% from a year ago.
The Silver Tsunami: Which Areas will be Flooded with Homes once Boomers Start Leaving Them?
Over the next 20 years, more than a quarter (27.4 percent) of the nation’s currently owner-occupied homes are likely to hit the market.
‘Open Concept’ Is the New Formal Dining Room for the Holidays
Zillow research finds the share of for-sale listings mentioning open concept layouts has more than doubled since 2015, while the share of listings mentioning a formal dining room has slightly dipped.
October Existing Home Sales: Up, But Some Buyers Still on the Sidelines
The economy is offering everything it’s got -- high employment, low interest rates, healthy home price appreciation -- and still there’s only modest growth in existing home sales.
