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The Latest Breaking News from Realtorcom

This mortgage rate statistic impacting more than half of American borrowers shows why sellers are hopelessly locked in

“Many homeowners have chosen to stay put, holding off on listing their home for sale until mortgage rates come down,” Realtor.com said.

Fortune

The $200,000 starter home is going extinct

There are some “affordability havens” for now, though.

Fortune

Ashley Tisdale's Hollywood Hills Home is the Perfect Blend of Mid-Century Style Meets Boho Chic

The space features a waterfall island, floor-to-ceiling windows, and a sheltered backyard oasis with a bamboo forest backdrop

Livingetc

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Baz Luhrmann’s NYC Townhouse is for Sale, and It Features One of 2024’s Most Popular Wallpaper Trends

You'll fall in love with this house one room at a timem and it's not only because it used to be home to this directorial legend

Livingetc

Drew Barrymore’s Hamptons Home is up for Sale, and the Office Space is Drenched in a Pretty Trending Hue

The actress' Hamptons abode features a color-drenched study that's perfectly on trend for spring

Livingetc

Your Best Time to Sell a Home in 2024 Is Now

New data from Realtor.com reveals the best week to sell a home for the remainder of the year.

Kiplinger

Top 20 Housing Markets For Electric Vehicle Owners Revealed

Discover the top housing markets for electric vehicle owners and the importance of charging infrastructure in the US EV market surge of 2023.

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Your Guide to the Housing Market in 2024

The challenging housing market conditions that dominated 2023 are easing, but buyers and sellers must take action to stay ahead.

Kiplinger

Joe Burrow bought $7.5 million house in Cincinnati after extension

Joe Burrow buys a house in Cincinnati.

USA Today Sports Media Group

Housing affordability is the worst it’s been in decades. It will improve in 2024, but by only a ‘small step,’ Realtor.com chief economist says

Mortgage rates are expected to drop modestly to 6.8% in 2024.

Fortune

'To buy or not to buy, that is the question': BofA reveals rent is cheaper than mortgages in all but two of 97 major metros

Homebuyers have been suffering the slings and arrows of outrageous fortune of late.

Fortune

5 Cities Where Home Prices Have Actually Dropped in 2023

After years of rising real estate prices, we're finally seeing some markets come back down to earth. That's great for potential homebuyers - who should take a careful look at these five metro areas, where home prices have cooled off in 2023, despite sky-high mortgage rates.

Barchart

Rental market softening continues—It’s even cheaper to rent than buy in nearly every major market, report finds

“As rents ease and both home prices and mortgage rates continue to climb, it’s become more economical to rent than to buy in nearly all major markets,” Realtor.com’s chief economist said.

Fortune

Buyers—and sellers—need to prepare for mortgage rates nearing 8% and staying there indefinitely says a prominent chief economist

First American’s Mark Fleming says mortgage rates could get closer to 8%.

Fortune

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The Street

New report explains why October is the best time to buy a house

Mortgage rates and home prices are still high, but soon there will be more homes to choose from and fewer people vying for them.

Kiplinger

Top 10 Most In-Demand Housing Markets in the U.S.

New housing market data reveals the ten zip codes where in-demand homes spend the fewest days on the market.

Fortune

The housing market's seller strike is so ruthless that only 7 of the nation's 200 largest markets are back to pre-pandemic inventory levels

Among the 200 largest housing markets tracked nationwide, 193 markets exhibited inventory levels in July 2023 that were lower than those of July 2019.

Kiplinger

Indiana Tops Summer 2023 Emerging Housing Markets List

Three Indiana metro areas lead the recent Summer 2023 Emerging Markets Index from Realtor.com.

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The Independent UK

A boom in apartment construction is helping to curb rents but not all renters will benefit

When viewed through a wide lens, renters across the U.S. finally appear to be getting some relief, thanks in part to the biggest apartment construction boom in decades

Fortune

The housing market's 'lock-in effect' is very real—just look at this map

"Financing these at 3% [mortgage rates] then jumping rates to 6% is the same as burning them [the homes] down from a supply perspective"

The Street

Recent Report Brings Good News For People Who Rent

Realtor.com data show that rent prices have dropped for the first time since 2020.

The Street

You Can Buy a New Home Cheaper Than an Old One in These Key Markets

A median single-family home listing in Hawaii is $1,045,000 while the cost of land and building is just $551,000.

The Street

House Down Payments Are Cheaper Than Ever, But You Pay the Price In Other Ways

Two major lenders have started to draw in homebuyers with the offer of lower-than-ever down payments.

The Street

These Five Cities Have A Lot Of Homes On The Market (This Should Worry You)

Realtor.com put together a list of cities with the biggest drops and increases in listings.

The Street

The Hottest and Coolest Housing Markets

Markets in Georgia, Tennessee, Florida and North Carolina are the strongest for sellers, while the place to buy might be in the West and the Rust Belt.

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