Industry News

WASHINGTON (May 9, 2023) – Nearly seven out of 10 metro markets registered home price gains in the first quarter as 30-year fixed mortgage rates fluctuated between 6.1% and 6.7%, according to the National Association of REALTORS®' latest quarterly report. Seven...

WASHINGTON (May 10, 2023) – National Association of Realtors® Chief Economist Lawrence Yun said the Federal Reserve's most recent rate hike was unnecessary, and he expects the Fed will stop raising interest rates further, during the "Residential Economic Issues &...

Where do all eyes go first when perusing a real estate listing? The photos, of course. Home sellers should never underestimate the importance of investing in a professional real estate photographer to get the very best pictures possible of their place. Because no...

The numbers: Contract signings on U.S. homes fell for the first time since last November, as buyers faced a tough market in March due to an undersupply of houses. U.S. pending-home sales fell 5.2% in March, according to the monthly index released Thursday by the...

Getting ready to sell your house? Then it’s time to roll up your sleeves and get to work because there are tons of things to do before listing your home! Selling a home, after all, entails a whole lot more than just planting a “For Sale” sign on your front lawn or...

Many homeowners have likely imagined the renovations that would transform their homes into the fabulously stylish and seamlessly functional abodes of their vision-board dreams. But for those who have gathered the funds (and the strength) to actually tackle a remodel,...

The monthly fee for FHA loans is being reduced, alleviating “some of the financial stress” buyers have faced from rising home prices and mortgage rates, the association says. The National Association of REALTORS® applauded the Department of Housing and Urban...

Mortgage rates increased further this week, following the bond market trend. According to Freddie Mac, the average rate on a 30-year fixed mortgage rose to 6.50% from 6.32% the previous week. Even with this increase, owning a home is still affordable for Americans if...

Making your forever home as beautiful as possible is a no-brainer. But when it comes to improving accessibility, not every homeowner prioritizes with the future in mind. Mobility and functionality are key for comfortably aging in place. Plus, home design that factors...

The past few years have been bumpy, with one event after the other challenging the economy, businesses, and the way we work. This year looks set to be another year of transformation, with questions looming around corporate climate goals and hybrid work, to whether...