Real Estate News
Average 30-Year Mortgage Rate Falls Slightly
Rates on 30-year mortgages fell to 6.65% from 6.67% last week, while rates on 15-year mortgages rose to 5.89% from 5.83% last week, Freddie Mac said. Read More
Seller’s Guide to Navigating Multiple Offers
NAR’s latest Consumer Guide provides sellers with insights on evaluating several offers, negotiation strategies and other useful information. Read More
Pending Home Sales Advanced 2.0% in February
Pending home sales in the South rose 6.2% in February, leading regional gains. The South remains a stronger market than other regions. Read More
Creating a Peaceful Backyard Retreat
A relaxing backyard space could include water features, shaded spots and multiple gathering spaces. Backyard retreats may boost home value by 3.1%. Read More
Hispanic Homeownership Hits Record High
[[{"value":"In 2024, 9.8M Hispanic households owned homes, but the rate fell as household growth outpaced ownership. NAHREP urges action on affordability and supply. "}]] Read More
Bigger Down Payments Continue in Q4 2024
The typical Q4 down payment was $30,250, slightly below Q3 but $3K higher year-over-year. Higher home prices and rates were keeping down payments elevated. Read More
Why Pre-Approval Is More Important Than Ever This Spring
Spring is here, and so is the busiest season in real estate. More buyers are out looking for homes, which means more competition for you. Read More
New Home Sales Edge Higher in February
Sales of newly built, single-family homes in February increased 1.8% thanks to slightly lower mortgage rates. Inventory was up 7.5% compared to a year earlier. Read More
AccuWeather Predicts Busy Hurricane Season
The weather service forecasts up to six U.S. tropical impacts in 2025, with 13-18 named storms and 3-5 major hurricanes. Read More