Latest real estate news and analysis tagged with real estate market on realestatenews.news.
Redfin reports a 3.5% weekly decline in pending home sales, offering buyers more negotiating power and choices.
Foreclosure listings reached their highest share of the market since 2020, with the median REO property selling at a 27.2% discount — giving budget-focused buyers a real but challenging path to savings.
A surge in mortgage rates to their highest level since last July has interrupted several weeks of improving homebuying demand, pushing pending sales lower and cooling purchase applications.
