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Pending home sales fall 2.4% in third straight drop

Pending home sales fall 2.4% in third straight drop

Homebuyers retreated in August, unenthused by the meager supply of homes for sale and by accelerating prices.

Detroit housing rises from the ashes

Detroit housing rises from the ashes

Innovative public and private efforts and new bank programs are giving housing in the Motor City new fuel.

No, you probably can’t afford that house. Here’s why

No, you probably can’t afford that house. Here’s why

One in four housing markets is now less affordable than its long-term historical norm, according to new data.

Drop in refinancing pushes mortgage applications lower by 0.7%

Drop in refinancing pushes mortgage applications lower by 0.7%

A drop in interest rates last week did nothing to juice refinances, which are usually very rate-sensitive.

‘Massive’ shortage in appraisers causing home sales delays

‘Massive’ shortage in appraisers causing home sales delays

A shortage of home appraisers is causing growing delays in closings, costing buyers and sellers and even scuttling deals.

$5,000-a-week student pad up for grabs in London’s Mayfair

$5,000-a-week student pad up for grabs in London’s Mayfair

A London townhouse on Mayfair’s Park Lane is up for rent for $5,172 per week and looks set to go to a super-rich student from the Middle East.

The ‘New’ Brass Is Back in Home Design

The ‘New’ Brass Is Back in Home Design

Photo by Westborough Design Center, Inc. – Discover traditional kitchen design ideas   By Melissa Dittmann Tracey, REALTOR(R) Magazine It’s all about that brass. But don’t expect to see that 1980s super shine. Today’s trendy brass is more of an antique brass, which is being used in light fixtures, mirrors, frames, and even furniture trims. […]

Rates Return to Post-Brexit Range

Rates Return to Post-Brexit Range

Mortgage rates fell to their lowest levels in more that 2 weeks following Wednesday’s Fed Announcement. Just as important were the updated economic projections from Fed Members. The Fed drastically lowered its longer-term rate outlook, shaving a half p…

Why housing doesn’t care about the Fed

Why housing doesn’t care about the Fed

Hike or no hike on rates from the Federal Reserve, housing has far more important things to think about. Let us explain.