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Real Estate News

Each weekday, REALTOR® Magazine applies a real estate lens to top headlines from major news sources and trend reports, alongside timely updates from the National Association of Realtors®. Get the latest news here!

Renovation Startup Revive Wins iOi Pitch Battle

Posted on Fri, 30 Sep 2022

The company, which enables home sellers to update their property with no upfront costs, was crowned at NAR's annual technology conference.

Mortgage Rates Inch Closer to 7%

Posted on Thu, 29 Sep 2022

Buyers would be smart to shop around: The large dispersion in rate offerings among lenders could amount to several hundreds of dollars, Freddie Mac says.

FHA Moves to Include On-Time Rental Payments for First-Time Buyers

Posted on Wed, 28 Sep 2022

"If you're regularly paying your rent on time, that's a good indication you will also pay your mortgage on time," says the Federal Housing commissioner.

NAR: 'Decade-High Rates Deeply Cut Into Contract Signings'

Posted on Wed, 28 Sep 2022

Pending home sales are posting annual losses in the double-digits as home buyers continue to back away from the market due to surging mortgage rates.

Mortgage Rates Jump Even Higher After Fed Hike

Posted on Thu, 22 Sep 2022

The monthly mortgage payment on a $400,000 loan is about $2,470 compared to $1,660 a year ago, according to NAR.

NAR Helps White House Brainstorm Inventory Solutions

Posted on Thu, 22 Sep 2022

Leslie Rouda Smith, the association's president, joins administration officials and other housing leaders to discuss a comprehensive plan to address shortages.

Existing-Home Sales Slip Again, Yun Blames Mortgage Rates

Posted on Wed, 21 Sep 2022

Still, homeowners are faring well, with property prices surging despite a pullback in buyer demand, says NAR's chief economist.

Housing Starts Rebound, Builders Aim to Win Buyers Back

Posted on Wed, 21 Sep 2022

Despite an unexpected jump in new construction in September, demand for new homes is falling due to high prices and mortgage rates. Builders are lowering their asks to boost buyer traffic.

NAR Mentorship Program Helps Agents Discover New Niches

Posted on Fri, 16 Sep 2022

NAR Spire pairs real estate pros in underserved areas with experienced practitioners to help them find new business opportunities.

Mortgage Rates Top 6% for First Time Since 2008

Posted on Fri, 16 Sep 2022

Monthly mortgage payments are 60% higher than a year ago, according to NAR. Buyers can save by shopping around for different types of loans.