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Home sales

Are rising mortgage rates already cooling the hot real estate market?

by Lily Jamali
Jun 20, 2022
The number of pending sales is down from last year, but homes are still selling quickly.
Mortgage rates have doubled since a year ago to about 6%, but homes are still selling swiftly.
Frederic J. Brown/AFP via Getty Images
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The housing market is finally starting to cool off

by Samantha Fields
Jun 16, 2022
Mortgage rates are up. Realtors are being laid off.
High mortgage rates means reduces the pool of potential homebuyers. Fewer buyers could mean houses are on the market longer, which could prompt sellers to reduce prices.
Chris Delmas/AFP via Getty Images
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Why are there still so few houses for sale?

by Matt Levin
May 31, 2022
Sellers who don't want to become buyers and the refinancing craze play roles in the lack of supply.
On a typical day in April 2019, about 1.2 million homes were for sale in the United States. Last month, it was a little over 400,000. 
Frederic J. Brown/AFP via Getty Images
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Why mortgage rates have been falling recently

by Justin Ho
May 31, 2022
They're sliding even though the Federal Reserve has been raising interest rates this year.
Given how much mortgage interest rates have risen over the last year, demand could be slowing down.
Justin Sullivan/Getty Images
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Rising interest rates and soaring home prices put mortgage payments out of reach for many

by Mitchell Hartman
May 26, 2022
The median payment on a new mortgage increased almost 9% from March to April.
Pending home sales declined by 3.9% in April, the sixth consecutive monthly drop.
Scott Olson/Getty Images
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There are signs that the red-hot housing market may be cooling down

by Samantha Fields
May 18, 2022
Yes, mortgage rates are high. But demand is starting fall because of that, and prices aren't rising as fast as they have been, experts say.
Though home prices are still rising, they're not rising as fast as they have been, according to Redfin.
Justin Sullivan/Getty Imags
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Economic Pulse

Closing costs: Is there a solution to the shortage of homes?

by David Brancaccio , Jarrett Dang and Meredith Garretson
Apr 26, 2022
The rapid rise in home prices has provided a windfall for homeowners, but rising interest rates make home-buying increasingly out of reach for renters.
"We absolutely need to be looking under every stone for places that we can add housing ... to allow for greater density," said Chris Herbert, managing director of the Joint Center for Housing Studies of Harvard University.
Scott Olson/Getty Images
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The staying power of Case-Shiller, a marquee housing metric

by Amy Scott and Maria Hollenhorst
Apr 6, 2022
It’s not the most timely home price indicator, but it does have advantages, including mapping prices over long periods.
Homes line a Southern California street in 2003. An approach for tracking house prices developed by economists Karl Case and Robert Shiller in the 1980s remains an important market indicator today.
David McNew/Getty Images
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Fast-moving home sales hit 15-year high last year

by Meghan McCarty Carino
Jan 21, 2022
Most houses sold in about a week, keeping buyers on their toes.
Some homebuyers are forgoing inspections or appraisals simply to have a shot at an accepted home offer.
Justin Sullivan/Getty Images
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Adventures in Housing

Missoula's hot housing market makes this real estate agent's job harder

by Maria Hollenhorst
Aug 4, 2021
"You're working twice as hard for the same amount of money," says Mindy Palmer of helping buyers in a tight market.
Limited inventory and high home prices have created challenges for Mindy Palmer, a realtor in Missoula, Montana.
Justin Sullivan via Getty Images
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