U.S. Consumers Remained Cautious in February
Inflation remained steady with a 2.5% rise in consumer prices. Spending showed modest growth and incomes increased, boosting savings for future spending.
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.
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.
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.
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%.