The Iran War continues to weigh on the economy, and in turn the housing market, with mortgage rates this week peaking to “the highest level since May 2024,” as noted by Mortgage Bankers Association President and CEO Bob Broeksmit. According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 7.03%…
Elevated construction costs and global issues affecting trade have pushed the housing market to new lows as of late. But the latest data from the Department of Housing and Urban Development (HUD) and the Census Bureau show that 2026 may not end on a disappointing note—at least in one sector. For August, sales of new…
The post New-Home Sales Slowly Rise; Midwest Grows Nearly 85% appeared first on RISMedia.
In the post-COVID era, the housing market has sat pretty firmly in seller’s territory. Record high home prices, elevated mortgage rates and inflation have all kept many buyers on the sidelines. For those that have entered the playing field, though, they’ve been faced with sellers who would more often delist a home rather than lower…
A just-released report from the National Association of Realtors® (NAR) details what has become almost the norm within the residential real estate industry—that technology is being utilized by agents primarily to get time back and to give clients a better experience. According to the annual survey, 81% of agents said saving time is their primary…
The early-fall housing market shows signs of muted behavior, as pending home sales increased slightly from last month, but are overall down on an annual basis, according to the National Association of Realtors® (NAR). NAR’s Pending Home Sales report for August shows that sales grew by 0.3% month-over-month, but they also decreased by 4.7% compared…
U.S. housing starts dipped in August, though single-family construction was up, while building permits and completions both declined, according to the U.S. Census Bureau and Department of Housing and Urban Development in its latest report on residential construction. Privately owned housing units authorized by building permits in August were at a seasonally adjusted annual rate…
Aligning with recent data on faltering consumer sentiment and frustrations over elevated inflation, homebuilder sentiment fell in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report on Sept. 16. “The HMI shows builder confidence at its lowest level since September 2025, as tight lending conditions and elevated land, labor and…
In yet another sign that the housing market is still in a state of flux, more American homeowners owe more on their mortgages than what their properties are worth in Q2 2026 than in Q2 2025. Real estate data company ATTOM reported that 3.2% of mortgaged residential properties are underwater, the term used where the…
The post Drowning in Debt: Q2 Underwater Mortgages on the Rise appeared first on RISMedia.
Libra homeshoppers may celebrate more than just their birthday this upcoming astrological season, as the housing market may have favorable conditions for prospective buyers in the coming weeks. In the 2026 edition of its report, Realtor.com® states that the best time for buyers to purchase a home is the week of Sept. 27-Oct. 3. The…
Across the West, 35 to 40 million people rely on the Colorado River Basin for water. The region is experiencing a 26-year drought, with Lake Mead, Lake Powell and the Colorado River all at historic low levels, according to the U.S. Department of the Interior. Federal officials issued major restrictions in late August, ordering California,…
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