Home sellers this season are taking a more grounded approach to pricing than they did in the fall, as buyers grow more selective and less willing to overpay.
In a Redfin survey last month, 57 percent of home sellers said their strategy was to[...]
Who cares about housing? Nearly everyone, but you wouldn’t know it listening to the presidential candidates. Crickets. New Jersey Gov. Chris Christie summed it up when he said housing “isn’t the sexiest issue in the world.”[...]
It’s simple economics. When prices rise, people are motivated to sell. But in today’s housing market, reality looks different. Prices are surging but for-sale signs are few and far between.
In some cities, the lack of inventory[...]
This isn’t what we expected when the Fed raised short-term borrowing costs in December, Freddie Mac chief economist Sean Becketti said. “For now, though, sub-4-percent mortgage rates are providing a longer-than-expected[...]
Mortgage rates fell for the fourth-straight week, hitting 3.79 percent for a 30-year, fixed-rate loan. A week ago, rates averaged 3.81 percent, according to Freddie Mac. We haven’t seen 4 percent or higher since, well, 2015.
Our run of[...]