The Latest Breaking News from Realtorcom

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.

“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.

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

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

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

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

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

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

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

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

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