Key PointsCompetition in the housing market finally began to cool this year, as listings multiplied and price gains moderated. Bidding wars became less frequent and spring sales perked up a bit. Well, forget that. The heat is on yet again.The housing shortage that fueled competition and resulted in sky-high price gains throughout 2017 and the first half of 2018 is on the horizon yet again. Supply is soon expected to drop and potentially hit a new low, according to realtor.com, after increasing in the second half of last year.a day agoThe number of for-sale listings was up 2.8% annually in...…Key PointsCompetition in the housing market finally began to cool this year, as listings multiplied and price gains moderated. Bidding wars became less frequent and spring sales perked up a bit. Well, forget that. The heat is on yet again.The housing shortage that fueled competition and resulted in sky-high price gains throughout 2017 and the first half of 2018 is on the horizon yet again. Supply is soon expected to drop and potentially hit a new low, according to realtor.com, after increasing in the second half of last year.a day agoThe number of for-sale listings was up 2.8% annually in...WW…

Key PointsThis company just built four 3D-printed homes in Texas — Here's how it's doneBarely a month ago, a 3D-printed house was for the first time in the U.S.Now, a small, 3D-printed community in Texas is following suit. Another, larger community in California is also in the works.In other words, 3D-printed real estate is taking off in a big way.That first home that went up for sale hasn't even been built yet. The company, SQ4D, printed a model home at a concrete yard on Long Island, New York, and hosted more than a hundred showings. The new home will be printed on a lot nearby.ICON, a...…Key PointsThis company just built four 3D-printed homes in Texas — Here's how it's doneBarely a month ago, a 3D-printed house was for the first time in the U.S.Now, a small, 3D-printed community in Texas is following suit. Another, larger community in California is also in the works.In other words, 3D-printed real estate is taking off in a big way.That first home that went up for sale hasn't even been built yet. The company, SQ4D, printed a model home at a concrete yard on Long Island, New York, and hosted more than a hundred showings. The new home will be printed on a lot nearby.ICON, a...WW…

Key PointsIn this articleMortgage delinquencies in November fell to their lowest level since the start of the coronavirus pandemic, though the number is still far higher than the rate a year earlier. Just under 6% of all U.S. mortgages — 2.7 million homes — were in some stage of delinquency at the end of November, according to the latest reading by CoreLogic.The largest share of troubled mortgages are those that are considered seriously delinquent, or more than 90 days past due. Just under 4% are in this deep trouble, compared with just over 1% the previous year, before Covid began its...…Key PointsIn this articleMortgage delinquencies in November fell to their lowest level since the start of the coronavirus pandemic, though the number is still far higher than the rate a year earlier. Just under 6% of all U.S. mortgages — 2.7 million homes — were in some stage of delinquency at the end of November, according to the latest reading by CoreLogic.The largest share of troubled mortgages are those that are considered seriously delinquent, or more than 90 days past due. Just under 4% are in this deep trouble, compared with just over 1% the previous year, before Covid began its...WW…

Key PointsPandemic-driven demand sent total 2020 home sales to the highest level since 2006.Still, even the most avid buyers are bumping up against barriers in today's housing market. Record low supply and record high prices are limiting the exceptionally high demand.11 hours agoClosed sales of existing homes in December increased just 0.7% from November to a seasonally adjusted annualized rate of 6.76 million units, according to the National Association of Realtors. Sales were 22% stronger than in December 2019.As unexpected as a global pandemic was, so too was the reaction of homebuyers....…Key PointsPandemic-driven demand sent total 2020 home sales to the highest level since 2006.Still, even the most avid buyers are bumping up against barriers in today's housing market. Record low supply and record high prices are limiting the exceptionally high demand.11 hours agoClosed sales of existing homes in December increased just 0.7% from November to a seasonally adjusted annualized rate of 6.76 million units, according to the National Association of Realtors. Sales were 22% stronger than in December 2019.As unexpected as a global pandemic was, so too was the reaction of homebuyers....WW…

Key PointsAnyone looking to buy a home today is likely frustrated by sky-high prices and slim pickings. But President-elect , who , will aim to ease those issues as he gears up to implement his plans for the housing market.From home financing to home construction, Biden's plans are focused on affordability. Here are some policies he could push for:In December, the number of homes for sale plummeted nearly 40% compared with December 2019, according to realtor.com. Competition for what was on the market was fierce, with the typical home selling in just 66 days, two weeks faster than the...…Key PointsAnyone looking to buy a home today is likely frustrated by sky-high prices and slim pickings. But President-elect , who , will aim to ease those issues as he gears up to implement his plans for the housing market.From home financing to home construction, Biden's plans are focused on affordability. Here are some policies he could push for:In December, the number of homes for sale plummeted nearly 40% compared with December 2019, according to realtor.com. Competition for what was on the market was fierce, with the typical home selling in just 66 days, two weeks faster than the...WW…

Key PointsHamptons real estate market sales smash records as wealthy flee New York CityStrong demand and a limited supply of homes have caused home price gains to accelerate dramatically.Prices beat expectations, rising 5.7% annually in August, up from 4.8% in July, according to the S&P CoreLogic Case-Shiller National Home Price Index.2 hours ago2 hours ago4 hours agoThe 10-City Composite posted a 4.7% gain, up from 3.5% in the previous month. The 20-City Composite rose 5.2% year-over-year, up from 4.1% in July. Detroit was not included in the findings, due to insufficient data...…Key PointsHamptons real estate market sales smash records as wealthy flee New York CityStrong demand and a limited supply of homes have caused home price gains to accelerate dramatically.Prices beat expectations, rising 5.7% annually in August, up from 4.8% in July, according to the S&P CoreLogic Case-Shiller National Home Price Index.2 hours ago2 hours ago4 hours agoThe 10-City Composite posted a 4.7% gain, up from 3.5% in the previous month. The 20-City Composite rose 5.2% year-over-year, up from 4.1% in July. Detroit was not included in the findings, due to insufficient data...WW…

Key PointsRising interest rates did nothing to deter an onslaught of mortgage demand from homebuyers.Applications for loans to purchase a home rose 5% last week from the previous week and were 13% higher than a year ago, according to the Mortgage Bankers Association's seasonally adjusted index. Mortgage rates started the week near a record low but rose steadily throughout the week, with a spike on Friday, following the May employment report, which was much less dire than expected. The average for the week, however, showed only a small gain, with the 30-year fixed increasing to 3.38%...…Key PointsRising interest rates did nothing to deter an onslaught of mortgage demand from homebuyers.Applications for loans to purchase a home rose 5% last week from the previous week and were 13% higher than a year ago, according to the Mortgage Bankers Association's seasonally adjusted index. Mortgage rates started the week near a record low but rose steadily throughout the week, with a spike on Friday, following the May employment report, which was much less dire than expected. The average for the week, however, showed only a small gain, with the 30-year fixed increasing to 3.38%...WW…

Skip NavigationKey PointsRyan Ratliff, center, real estate sales associate with Re/Max Advance Realty, shows Ryan Paredes, left, and Ariadna Paredes a home for sale in Cutler Bay, Florida, on April 20, 2023.Joe Raedle | Getty ImagesThe average rate on the popular 30-year fixed mortgage rose to 7.72% on Tuesday, according to Mortgage News Daily.Mortgage rates follow loosely the yield on the , which has been climbing this week following strong economic data. Rates have not been this high since the end of 2000.At the beginning of this year, the 30-year fixed rate dropped to about 6%, causing a...…Skip NavigationKey PointsRyan Ratliff, center, real estate sales associate with Re/Max Advance Realty, shows Ryan Paredes, left, and Ariadna Paredes a home for sale in Cutler Bay, Florida, on April 20, 2023.Joe Raedle | Getty ImagesThe average rate on the popular 30-year fixed mortgage rose to 7.72% on Tuesday, according to Mortgage News Daily.Mortgage rates follow loosely the yield on the , which has been climbing this week following strong economic data. Rates have not been this high since the end of 2000.At the beginning of this year, the 30-year fixed rate dropped to about 6%, causing a...WW…

Key PointsAs unemployment surges and more Americans struggle to make ends meet, more homeowners are applying for the government's mortgage forbearance program under the recently passed coronavirus relief plan.The CARES Act allows borrowers with loans backed by Fannie Mae, Freddie Mac and Ginnie Mae to miss up to a year's worth of monthly payments, which they are then required to remit at a later date or in a payment plan over time.Requests for forbearance jumped 78% for the week ended April 5 compared with the previous week, according to the Mortgage Bankers Association. The number of...…Key PointsAs unemployment surges and more Americans struggle to make ends meet, more homeowners are applying for the government's mortgage forbearance program under the recently passed coronavirus relief plan.The CARES Act allows borrowers with loans backed by Fannie Mae, Freddie Mac and Ginnie Mae to miss up to a year's worth of monthly payments, which they are then required to remit at a later date or in a payment plan over time.Requests for forbearance jumped 78% for the week ended April 5 compared with the previous week, according to the Mortgage Bankers Association. The number of...WW…