Positive jobs report sends mortgage rates higher Feb. 03rd 2023
New data shows job openings are high and jobless claims are low, with a 3.4% unemployment rate, which isn't ideal for mortgage rates.
Altos Research housing market predictions for 2023 Feb. 03rd 2023
We might only be a few weeks into 2023, but these first weeks have been rich with informative data on the housing market.
Logan Mohtashami to speak at Gathering of Eagles 2023 Feb. 03rd 2023
Gathering of Eagles is the must-attend event of 2023 for real estate presidents, senior leaders, and broker-owners.
January’s strong jobs report could spell trouble for the housing market Feb. 03rd 2023
The labor market started 2023 with a bang, which could spell trouble for the housing market as the Fed tries to control inflation this year.
Home price growth continued to soften in November Jan. 31st 2023
Home price growth remained positive year over year in November, but it continued to slow as mortgage rates soared.
Housing Market Tracker: Housing inventory falls once more Jan. 30th 2023
The Housing Market Tracker shows that housing inventory decreased by 6,468 units, a more pronounced decline from the previous week.
Pending home sales rise for the first time since May 2022 Jan. 27th 2023
Contract signings rose 2.5% nationwide in December, the first gain in six months, but pending home sales are 33.8% lower than a year ago.
Homebuilders still need lower mortgage rates Jan. 27th 2023
How are homebuilders positioned heading into spring? It's all about mortgage rates as they move through a backlog of unfinished homes.
Zillow’s new AI feature can talk to home shoppers like it’s a friend Jan. 26th 2023
Zillow launched a new AI-powered feature, called "natural language search," that can now interpret home shoppers’ colloquial lingo.
Optimism spreads after new home sales climb in December Jan. 26th 2023
Mortgage rates are falling and builders are offering incentives to buyers, but that wasn’t enough to prop up new home sales in 2022.