National News

Why a recession could be near and what it means for housing

A constellation of factors point to a possible recession in the coming months or years, but the housing market will be neither the cause of it, nor the hardest-hit part of the economy. That was the take-home message in

For buyers and sellers with kids, time is of the essence

Households with children under 18 years old prioritize prompt responses and timely transactions when working with real estate agents, based on findings from a new survey of buyer and seller needs from the National Association of Realtors. The association’s

Low rates boost mortgage industry but spook financial markets

Wall Street has found itself increasingly on edge in recent weeks, but strangely, that may be breathing fresh life into the mortgage lending industry.

The nation’s most popular ZIP codes in 2019

The most attractive ZIP codes of 2019, according to Realtor.com’s analysis of over 16,000 areas, suggest a shift in homebuying trends. Judging by the top-ranked markets in Realtor.com’s “Hotness Index,” homebuyers are interested in maintaining an active lifestyle even

Consumer confidence on housing hits all-time high

Fannie Mae’s Home Purchase Sentiment Index for July rose to its highest reading in nine years.

Most popular cities and states for millennials

As millennials comprise more and more of the housing market, some are relocating in search of better jobs, quality of life, and housing costs. SmartAsset took a look at where millennials are moving to find these things with Census

NAHB: Labor shortages peak, but builders remain optimistic

The long-running shortage of workers in the homebuilding trades hasn’t dented business confidence as much as expected.

Federal Reserve approves first rate cut in 11 years

Officials at the U.S. Federal Reserve voted to reduce the central bank’s key interest rate target for the first time since the aftermath of the 2008 financial crisis, in hopes that it would prevent a global economic slowdown from

Pending home sales finally grow year-over-year in June

The National Association of Realtors’ Pending Home Sales Index broke a 17-month streak of year-over-year declines to log an annual increase in June. Last month also marked the second month in a row in which nationwide pending home sales

With new funding round, Compass may soon go public

New York-based brokerage Compass just got yet another burst of funding—to the tune of $370 million. The latest funding round was announced Tuesday, and brings the total valuation of the company to $6.4 billion, a significant boost from the

Down payment assistance gains favor with buyers

As housing costs have continued to grow faster than the average buyer’s income, more are tapping into resources that can lower the substantial up-front costs of purchasing a home. But that could bring some major changes and a degree

New lead-gen tools, Nextdoor features and faster commission checks

BoomTown introduces new lead-gen tech Real estate sales and marketing platform BoomTown announced two new tools in its platform this week. The first is Success Assurance, which was created to help agents generate, qualify, and manage leads that are

Economists: Recession likely in 2020 but housing won’t tank

A panel of economists and experts estimates that the longest period of economic expansion on record has a good chance of ending next year.  In their quarterly home price expectations survey, Zillow and Pulsenomics polled over 100 real estate

What do agents actually think about their income?

A new survey of agents across the industry commissioned by Redfin paints a picture of an industry in transition and perhaps in the midst of some soul-searching. The survey, the first of its kind overseen by Redfin, was done

Expert advice for families moving to a new neighborhood

Families may move for a number of reasons, like a new job or an expanding household. Of course, plenty of homebuyers seek out a home in advance of starting a family, too. Findings from WalletHub’s research compared more than 180

Despite uncertainty, June new-home sales grow over last year

While sales of previously owned homes continue to underwhelm, housing market analysts are feeling more optimistic about sales of newly-built homes. The U.S. Census Bureau reported new-home sales in June came in at a seasonally adjusted annual rate of

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