New home sales plummet in August amid resurgence in mortgage rates.
Existing home sales slump in August as supply shortage, high mortgage rates hit consumers.
A report released Wednesday says states such as California, Florida and Louisiana, which are prone to wildfires and damaging storms and flooding, are likely to see the most dramatic increases in premiums.
A “stunning property" and historic former funeral home is for sale in Massachusetts, but buyers beware: it’s probably haunted.
A key mortgage rate reached 7.18% over the past week.
Monthly home prices have hit an all-time high in recent weeks, driving down pending home sales by as much as 28%.
The average rent in Manhattan is now $5,552 a month, while the median rent remains at $4,400 a month.
Would-be homebuyers nationwide are facing a spike in housing costs amid an ongoing affordability crisis - and baby boomers may be to blame, Barclays says.
The mid-century modern home is currently listed for $550,000.
High mortgage rates are rapidly cooling housing demand.
The housing market continues to leave homebuyers struggling to find affordable options as mortgage rates surge and inventory remains scarce.
Even a small shift in mortgage rates could make a big difference to home affordability.
U.S. home prices recently faced their sharpest rise since November.
Rates for a 30-year fixed mortgage now average 7.09%, the highest since 2002, putting further pressure on the cooling housing market amid high prices.
Redfin CEO Glenn Kelman said the real estate market is at a 'standstill.'
Builder confidence unexpectedly dropped for first time this year.
The U.S. housing shortage is worse in several cities that have experienced a booming labor market, strong population growth, and low housing inventory.
Copper Beech Farm, with 50 acres of waterfront property in the tony New York suburb of Greenwich, has sold for just under $139 million, believed to be a record home sale in Connecticut, Sotheby’s International Realty said.
The one-night stay in September includes a meditation session, spa day and chef's dinner.
A typical home sold for about $382,000 during the four weeks ending on July 23.