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The Latest Breaking News from National Association of Realtors

LOCALIZE IT: Mortgage rates up, applications down across US

EDITORS/NEWS DIRECTORS:

The Independent UK

Annual Foreign Investment In US Home Sales Up 8.5% To $59 Billion

Global investors are paying record prices for U.S. residential real estate. What Happened: According to new data from the National Association of Realtors, international buyers purchased $59 billion worth of U.S. residential properties between April 2021 and March 2022, up 8.5% from the same period one year earlier.

Benzinga

What Fed Chairman Powell sees for the housing market

The fate of the housing boom is on the minds of both homeowners and homebuyers these days. Will record home values lead to a crash reminiscent of the one that made the Great Recession so painful? Or will prices simply take a breather from their torrid pace of appreciation?

Tribune News Service

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Home prices keep rising, even as the market cools

"The affordable housing problem is going to stick around no matter what."

Axios

KB Home Beats, Following Lennar, But Notes Sales Slowdown

Homebuilder KB Home on Wednesday reported second-quarter earnings and a full-year outlook that beat expectations.

Investors Business Daily

Housing supply squeeze finally begins to ease

During the record-breaking housing boom of the past two years, a drastic under-supply of homes for sale has bedeviled buyers and delighted sellers. Now, the squeeze is slowly easing — a shift that could mark the start of a much-anticipated cooling of the white-hot housing market.

Tribune News Service

Stock Market Gains As Jobless Claims Drop; Nvidia, Retailers Rebound On Earnings

The stock market gained on lower jobless claims and as Nvidia stock and retailer earnings rebounded.

Investors Business Daily

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Why it's so hard to buy a house

High borrowing costs do nothing to deter cash buyers.

Axios

Double-digit home price gains are a national phenomenon

Across the country, 70% of metro areas experienced double-digit home price gains in the first quarter, according to a new report from the National Association of Realtors.

Tribune News Service

Will that love letter help seal the deal — or add to housing discrimination?

If you’re like most people, you wouldn’t think of writing a love letter to a person you’ve never met.

Los Angeles Times

Homebuyers stymied by fewer homes, high prices, rising rates

America’s housing market has grown increasingly frenzied, and prices are out of reach for many buyers, especially first-timers

The Independent UK

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