December Rate Cut in Question
A key member of the Fed’s Board of Governors said a December rate cut depends on economic data, warning inflation could rise again.
Sprucing Up for the Holidays
Homeowners can showcase their holiday spirit by adding warm touches through the space, including the kitchen. Involve the whole family in the decorating.
Survey Reveals Top Single-Family Rental Features
Better pet accommodations are now a bigger priority for renters of single-family homes than making room for a growing family.
U.S. Home Prices Rise 4.3% YoY in Q3 2024
House prices rose as demand outpaced supply, but elevated prices and mortgage rates slowed growth.
Sea Walls Gain Popularity Among Coastal Homes
Luxury homeowners are opting to build private sea walls costing $150,000 or more to protect their coastal homes from erosion and storm damage.
Zillow: Buyers Will Come Out Ahead in 2025
The housing market is expected to improve next year, and buyers will embrace smaller homes, Zillow said. Mortgage rates may remain unpredictable.
1 in 5 Renters Spend Entire Paycheck on Rent
Many are working a second job or a job they hate to afford rent, Redfin found. Rental affordability could stabilize in the future as more apartments are built.
FEMA Increases Oversight on Florida Rebuilding
FEMA has been cracking down on post-hurricane rebuilding, enforcing stricter rules to ensure storm-damaged homes meet flood safety standards amid rising storm risks.
Mortgage Rates: 30-Year Dips, 15-Year Inches Up
Rates on 30-year mortgages slipped to 6.81% from 6.84% last week, while borrowing costs on 15-year fixed-rate mortgages climbed to 6.1% from 6.02%.
Pending Home Sales Climbed 2.0% in October
NAR’s Pending Home Sales Index increased 0.9% in the South to 90.0 in October, up 2.5% from a year ago. Pending sales grew across the U.S.