By the Numbers

While overall activity softened last quarter, real estate investors flocked to Chicago and cities in California in the hunt for lower-priced properties.

The 30-year fixed rate rose to 6.77% this week, the highest level since mid-December.

Supply hasn’t kept pace with population growth, driving up prices for starter homes — and pushing first-time buyers out of the market.

Economists say inflation is not falling fast enough to convince the Federal Reserve to lower interest rates.

Fannie Mae’s monthly survey found that, for the first time, a greater share of consumers expects rates to fall in the next 12 months.

New reports from Redfin and Allied Van Lines shed light on the impact that local laws and political divides can have on buying and selling.

30-year mortgage rates have remained in the upper-6% range since December. Will predicted rate drops arrive in time for the spring buying season?

Freddie Mac and Chase have made recent changes to their down payment assistance programs which could help more low-income buyers enter the market.

Sellers are still seeing near-record-high profits, but this was the first year-over-year decline in 12 years.

Rates have remained relatively stable since December, with the average 30-year mortgage rate posting a modest decline this week.

Prices improved 5.1% annually, the latest Case-Shiller report indicates, but a small dip between October and November ended a streak of monthly gains.

The largest firms are claiming an increasing number of sales, driven in part by fast-growing companies like Compass and eXp.

The uptick in pending homes is a “promising” sign of life in a market that has been sidelined by low inventory and high home prices.

Traffic data from Comscore showed Zillow with twice as many visitors as second-place Realtor.com, while Homes.com appeared to lose some ground.

A continued increase in mortgage applications suggests that more buyers are entering the market, but low supply could suppress activity.

For more than a decade, housing supply has not kept pace with demand. Building more homes might seem like the answer, but there’s more to it than that.

According to the latest NAR data, just 4.09 million existing home sales were reported in 2023, the lowest number in nearly three decades.

All eyes are on inventory levels — which are up slightly compared to a year ago — as the market gears up for spring.

Lower rates are good news for buyers, but increased demand could further erode limited inventory.

Home builder sentiment is up significantly in January as lower mortgage rates bring more buyers back to the market.