Existing home sales decline in June as prices reach another record high

Existing home sales declined in June as higher mortgage rates continued to weigh on buyer activity, although sales remained above year-earlier levels and home prices reached a new record, according to the National Association of Realtors (NAR). Existing home sales fell 2.4% from May to a seasonally

Mortgage Rates Jump Back Up as Iran Peace Deal Unravels, Hitting Homebuyers

Mortgage rates saw a meaningful increase Thursday as a fragile U.S.-Iran peace deal disintegrated amid a hail of mutual airstrikes, driving up oil prices and long-term borrowing costs. The average rate on 30-year fixed home loans rose to 6.49% for the week ending July 9, up 6 basis points from 6.43%

Homes Sales Dip in June as Prices Reaches All-Time High, Squeezing Buyers

Sales of existing homes dropped in June after rallying in May as would-be buyers pulled back due to affordability concerns while the median sales price surged to a record high. Existing-home sales fell 2.4% month over month but rose 2.8% year over year to a seasonally adjusted annual rate of 4.09 mi

New Zillow Pro tells agents when their contacts start house hunting again

Zillow has rolled out Zillow Pro, a nationwide premium membership designed to give real estate agents direct visibility into their clients’ activity on Zillow and tools to act on those signals. The launch brings Zillow’s consumer data and collaboration tools directly into agents’ day-to-day workflow