Key Takeaways Pending sales were down 8% from a year earlier during the week ending June 28, although the decline was only 3% after adjusting for seasonal effects. New listings are now down 8% from a year ago, a slight improvement from a week earlier. Weekly average mortgage rates hit a new low at ...

Feel your best so you can do your best! We know schedules can get busy – whether you’re in the office or working from home more often like many due to the COVID-19 pandemic. Between meeting with borrowers and preparing closings, day-time home distractions from pets and kids, followed ...

Nationwide, 1 in 6 Black mortgage applicants is turned away when applying for a mortgage, compared with 1 in 14 white applicants. The gap is even wider in the most segregated parts of the country. Banks most frequently cite debt and credit history when denying Black applicants, but bias in lending ...

Momentum in high-end home-price growth changed course with the onset of the coronavirus pandemic, but the latest data shows luxury home prices are starting to rebound. The median sale price for luxury homes nationwide dropped 2.3% year over year to $ 1,099,521 in the 12 weeks ending June 14, one of ...

Key Takeaways Pending sales the week ending June 21 have nearly returned to 2019 levels (down just 3% year-over-year). Completed home sales are still down 12% compared to the same week last year, but we expect them to catch up in late July or early August as this new batch of pending sales close. ...

Only half of Black families own their home in Washington, DC, which has the highest Black homeownership rate in the U.S., versus more than 70% of white families. Nationwide, the gap is 44% versus 73.7%. Just 44% of Black families own the home they live in as of the first quarter of 2020, up from ...

The coronavirus has affected so many aspects of our lives – from how we work to how we exercise, communicate, and so much more. It has also affected the housing market and how we now buy and sell homes. If you’re thinking about listing your home you may be wondering what you can do to attract ...

The racist 1930s-era housing policy that effectively blocked Black families from obtaining loans continues to widen the wealth gap. Homeowners in redlined neighborhoods have earned 52% less in home equity than those in greenlined areas over the last 40 years. Redlining, the racist housing policy ...

The racist 1930s-era housing policy that effectively blocked Black families from obtaining loans continues to widen the wealth gap. Homeowners in redlined neighborhoods have earned 52% less in home equity than those in greenlined areas over the last 40 years. Redlining, the racist housing policy ...

Pending sales were up 33% and new listings increased 36% from April to May. Home prices nearly flattened, up just 0.5% from last year The housing market showed some early signs of recovery in May as the addition of homes for sale and contracts to buy homes both increased dramatically from April ...