-
Business
Pending Home Sales Post First Decline in 3 Months, Even As Mortgage Rates Drop
The weekly average mortgage rate dropped for the ninth straight week, dipping to an 11-month low. But would-be buyers are…
Read More » -
Business
High Housing Costs Are Pushing Some Americans to Make Major Family Sacrifices, Like Delaying Having Kids Or Giving Up Pets
With nearly half of homeowners and renters struggling to afford housing, we’re taking a look at the family-related changes and…
Read More » -
Business
The Most Expensive College Towns in the Nation Have One Thing in Common: They’re on the Beach
The median home-sale price in Santa Barbara, the most expensive college town in the U.S., is almost $2 million. When…
Read More » -
Business
A Homebuyer on a $3K Budget Has Gained $22K in Purchasing Power Since June As Rates Drop to Lowest Level in 11 Months
Purchasing power has increased $7,500 in the last week alone, with rates falling to 6.3% on a weak August jobs…
Read More » -
Business
U.S. Investor Home Purchases Fell 6% in the Second Quarter, the Biggest Decline Since 2023
In the second quarter, investor purchases of U.S. homes fell to their lowest springtime level since 2020. The decline was…
Read More » -
Business
Mortgage Rates Drop to Lowest Level in 10 Months, Upping Purchasing Power in a Buyer-Friendly Market
Redfin economists say the recent dip in mortgage rates gives serious house hunters a window of opportunity to lock in…
Read More »