Home prices continue to climb with ‘striking’ regional differences, says S&P Case-Shiller Prices nationally rose 0.7% month to month, seasonally adjusted. The index’s 10-city composite fell 1%, year over year, slightly less than the 1.1% decrease in the previous month. The 20-city composite d

Don’t Fall for the Next Shocking Headlines About Home Prices If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: what’s happening with home prices? And it’s no surprise you don’t have the clarity you need on that topic. Part of the issue is h

30YR Fixed 6.98% -0.02% 15YR Fixed 6.35% -0.02%   Slow Housing Market's Questionable Excuse (And a Much Better Alternative) Inventory! That's been a buzzword for the housing market for more than a decade, but it's been especially pr

30YR Fixed 6.88% -0.02% 15YR Fixed 6.30% -0.01%   Rent Increases Return to Pre-Covid Levels Increases in single-family rents soared in the post-pandemic environment but have now moderated to the annual levels in the pre-pandemic yea

Explaining Today’s Mortgage Rates If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast.   But, the

Two Questions To Ask Yourself if You’re Considering Buying a Home If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market. And you’re getting your information from a variety of channels: the news, social media, your real es

30YR Fixed 6.96% -0.13% 15YR Fixed 6.38% -0.04%   Home Prices Hit New Peaks Despite Affordability Issues   The Black Knight Mortgage Monitor for May doesn’t even hint at a housing crisis on the horizon. Affordability is again (or ma

30YR Fixed 7.14% -0.08% 15YR Fixed 6.50% -0.15%   Mortgage Rates Back Over 7% as Markets Digest Economic Data Until a few weeks ago, it looked like we might have seen the last of 7% mortgage rates, but the last 2 weeks have been brutal. The

Today’s Housing Inventory Is a Sweet Spot for Sellers One of the biggest challenges in the housing market right now is how few homes there are for sale compared to the number of people who want to buy them. To help emphasize just how limited housing inventory still is, let’s take a look at the late

30YR Fixed 7.02% -0.02% 15YR Fixed 6.42% -0.03%   Mortgage Rates Jumped Over 7% This Week, Even if You Heard They Were 6.71% Mortgage rates have been hovering in the high 6's for weeks, but they broke above 7% on Thursday. At the sa

30YR Fixed 6.91% -0.01% 15YR Fixed 6.32% +0.00%   April Home Prices Bolster Case for Recovery Both the S&P CoreLogic Case-Shiller U.S. National Home Price Index and the Federal Housing Finance Agency’s (FHFA’s) Home Price Index (HPI

Do homes with solar panels sell for more than comparable homes without panels? Caption     Yes, homes with owned solar panels typically sell for more than comparable homes without panels. According to a study by Zillow, homes with solar panels sell for an average of 4.1% more than comparable homes

The True Cost of Selling Your House on Your Own Selling your house is no simple task. While some homeowners opt to sell their homes on their own, known as a FSBO (For Sale by Owner), they often encounter various challenges without the guidance of a real estate agent. If you’re currently considering

Eco-Friendly, Energy-Efficient Homes Attract Buyers Smart Home Features - Add Value to Homes   Are you planning to sell your house? If so, you may be surprised to hear just how much buyers value energy efficiency and eco-friendly features today. This is especially true as summer officially kicks o

30YR Fixed 6.95% +0.05% 15YR Fixed 6.32% +0.04%   Two Ways to Look at Existing Home Sales The reality of the home sales market is in the eye of the beholder these days and the just-released Existing Home Sales report doesn't shed much light.

What Homebuyers Need To Know About Credit Scores If you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to qualifying for a home loan. Lenders review your credit to assess your ability to make payments on time, to pay back debts, and

30YR Fixed 6.90% +0.03% 15YR Fixed 6.28% +0.03%   New Home Construction Growth Swings From 14 Year Low to 13 Month High Although the New Residential Construction report released by the Census Bureau has notoriously wide margins of error, it'

Saving for a Down Payment? Here’s What You Need To Know. If you're planning to buy your first home, then you're probably focused on saving for all the costs involved in such a big purchase. One of the expenses that may be at the top of your mind is your down payment. If you’re intimidated by how mu

Looking for a luxurious, modern home that offers breathtaking views of Sandy Hook Bay and the NYC skyline? Look no further than this stunning custom-built property located in the hills of Highlands, NJ. With a listing price of $1,350,000, this complete home renovation boasts everything new, custom,

30YR Fixed 6.89% -0.01% 15YR Fixed 6.28% -0.01% Mortgage Rates 101, Part 5: What Causes Mortgage Rates to Change? Mortgage rates change daily, and sometimes multiple times per day. In this article, “mortgage rates” will refer to th