After a period of sustained high interest rates, the real estate market has been defined by a “lock-in” effect, where homeowners with low-rate mortgages have been hesitant to sell, leading to limited inventory and high prices. However, with the Federal Reserve widely anticipated to lower its benchmark interest rate this fall, the housing landscape could […]

As previously reported, both the House and Senate passed bills to ban “trigger leads,” except in limited circumstances, although the versions of the bills that were previously passed are slightly different. The one difference is that the House-passed version calls for a Government Accountability Office study on the value of trigger leads by text message. By […]

With a growing gap between supply and affordability, a new report from Cotality reveals the U.S. housing market is seeing a significant shift in what defines a “starter home.” Once characterized by modest new builds on the outskirts of town, the starter home is now more likely to be an older, smaller property — and it’s commanding […]

In a shift that underscores changing dynamics in the housing market, baby boomers now make up the largest generational group of home buyers, according to the National Association of Realtors®.   NAR’s 2025 Home Buyers and Sellers Generational Trends report, which examines the similarities and differences among recent home buyers and sellers across generations1, found that the […]

When deciding whether to buy a home in today’s climate, you’ll want to think beyond market conditions and focus on your individual circumstances. Here are some personal considerations to keep in mind. Financial health Take stock of your current savings, credit score, and debt. Can you afford a home? Or does renting make more sense?  Housing is a […]

Starter homes are getting even smaller. Inflation is hard-felt by typical Americans, even if it seems to be mostly under control on paper. It’s hit the housing market too, only in the form of shrinkflation. Homes are getting smaller—and more costly. In fact, they’re hitting levels we haven’t seen since 2009 and 2010, after the Great Recession. […]

If 2024 didn’t see you owning your own home, maybe it is on your vision board for 2025. Homeownership offers more than just a permanent place to call your own, it also comes with a whole host of tax benefits that can significantly impact your bottom line. Understanding these advantages can help you make informed […]

Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale. That fueled mortgage demand last week, as consumers looking to refinance pulled back. Total mortgage application volume rose 2.8% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. An additional adjustment was made for […]

One of the best ways to build your family’s financial future is through homeownership. The Federal Reserve reports the net worth of a homeowner is actually over 40 times greater than that of a renter. Maybe it’s time to start thinking about buying a home, especially when they’re so affordable in today’s market. Every three […]

Existing Home Sales, which reflect closings on existing homes, fell for the secondstraight month in September, down 1% from August and 3.5% from a year ago. The3.84-million-unit pace represents a 14-year low as NAR’s Chief Economist, LawrenceYun, noted that “home sales have been essentially stuck at around a four-million-unitpace for the past 12 months.” Regarding […]