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News
New Orleans Home Prices Fall Well Below the National Rate
11+ hour, 46+ min ago (283+ words) Listings with price cuts If you're a buyer in New Orleans, your options haven't grown much—active listings slipped 0.6% year-over-year in August, even as inventory nationally expanded 3.6%. That gap means local supply stayed tighter than the broader market trend. Active…...
Home Prices Are Falling the Fastest in These Cities
5+ hour, 47+ min ago (631+ words) While the U.S. housing market cools down and enters a seasonal late-summer transition, price drops are hitting some metropolitan areas much harder than others—and it might not be where you think. High mortgage rates and shifting local supply-and-demand dynamics have…...
Mortgage Rate Shock Stalls Housing Market as 8-Month Growth Streak Collapses
3+ day, 6+ hour ago (1204+ words) Stubbornly high mortgage rates finally took their toll on buyer demand in August, snapping an eight-month streak of pending sales growth even as sellers slashed prices. The share of listings in pending status fell 0.2% from a year ago, marking the…...
The True Carrying Cost of Vacation Homes: How Insurance Is Eating Second-Home Yields
4+ day, 18+ hour ago (857+ words) At first glance, a 9% annual yield can make buying a vacation home sound like a pretty compelling investment. The headline number, from AirDNA, sits within the 7% to 10% long-term annual return some experts use for diversified U.S. stocks—and is nearly twice…...
Adjustable-Rate Mortgages Are on the Rise: Why the Riskier Loan Is Enticing Homebuyers More Than Ever
5+ day, 7+ hour ago (873+ words) Prospective homebuyers continue to face a complicated hand when playing in the housing market as summer 2026 comes to a close. Mortgage rates ticked up slightly in late August, with the average 30-year fixed home loan rising to 6.66% for the week…...
Housing Week Ahead: August Inventory Data, Mortgage Rates, and Jobs Report
5+ day, 7+ hour ago (220+ words) As we head into a lighter week for economic releases, the Realtor.com economic research team is tracking critical data points to gauge the direction of the late-summer housing market. The week kicks off on Monday as senior economist Joel…...
Homebuilders See Material Costs Jump 6.7% in a Year, Squeezing Profit Margins
1+ week, 2+ day ago (372+ words) The cost of key materials used for building homes has increased by 6.7% over the previous year, according to a new survey. Homebuilders who responded to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) survey for July…...
Mortgage Applications Fall as Elevated Rates Discourage Late-Summer Buyers
1+ week, 3+ day ago (483+ words) Mortgage applications declined this week as interest rates ticked higher, driven by unrest in the Middle East, tariff wars with Canada, and continued concerns over inflation. For the week ending Aug. 26, MBA's Market Composite Index—a measure of total mortgage…...
Mapped: Where Homeowners Are Seriously Underwater on Their Mortgages
1+ week, 4+ day ago (591+ words) The share of seriously underwater homes is up half a percentage point from last year, and in states such as Minnesota, South Dakota, Iowa, Michigan, and the District of Columbia, it's risen dramatically. That's according to the latest report from…...
Housing Week Ahead: Home Prices, New Construction Insights, and 'Affordability Refugees"
1+ week, 5+ day ago (233+ words) Get ready for another busy week in real estate data. On Monday, the Realtor.com Economics team kicks things off with the End-of-Summer Housing Update from Senior Economist Jake Krimmel. Tuesday features the quarterly Cross Market Report by Senior Economist…...