Commentary on the latest housing market news, with a focus on home prices, buying and selling conditions, and if another housing crisis is right around the corner. Also helpful home seller and home buyer tips.
While bulls and bears continue to argue the health of the housing market, a new report revealed that most existing homeowners are in a really… Read More »Nearly Half of Homeowners with a Mortgage Are Equity Rich
There’s been a lot of speculation that home prices would crash as mortgage rates surged. The argument was especially convincing after the 30-year fixed climbed… Read More »Wondering Where Home Prices Go Next? Look at Inventory, Not Mortgage Rates
If you’re new to real estate, or preparing to make an offer on your first home, you might be wondering what mortgage is best for… Read More »What’s the Best Mortgage for First Time Buyers?
Late last year, Zillow said home prices needed to come down about 25% to become affordable again. Around that same time, mortgage rates hit their… Read More »Why Are Home Prices Not Dropping?
The housing market is getting stranger by the day. While affordability has arguably never been worse, prices are rising and there are virtually no homes… Read More »New Real Estate Listings Fall 25%, Total Homes on Market Reaches a Record Low
If you’ve heard that the housing market crashed, consider this. Nearly 40% of markets nationwide have returned to peak home prices on a seasonally adjusted basis,… Read More »Nearly 40% of Housing Markets Nationwide Have Returned to Their Peak Prices
March was a rough month for home prices. The median U.S. home price fell a sizable 3.3% in March to $400,528, the largest year-over-year decrease… Read More »Home Prices Just Experienced the Biggest Annual Decline Since 2012
Due to ongoing mortgage rate volatility, Zillow has launched a new feature that lets users search by monthly payment. Traditionally, Zillow users would enter a… Read More »Zillow Now Lets Users Filter Homes by Monthly Payment
The housing market has been stubbornly frustrating for prospective home buyers. Not only have mortgage rates doubled over the past year, but home prices remain… Read More »Home Prices Are Still Too High, But Will They Actually Come Down?
Down payments are falling as the housing market slows and competition wanes. A new report from Redfin revealed that the median down payment in January… Read More »Median Down Payment on a House Falls to 10%, Compared to 14% a Year Ago
