Economy and Housing Market

Getting the existing-home market back in balance is a delicate task.

Pent-up demand, settlement agreement will be factors.

Focus should be on inventory—not on jeopardizing the consumer experience.

Homebuilders are providing options buyers can’t find in the existing-home sales market.

Contract signings picked up the pace last month, and home buyers are increasingly facing multiple offer situations. NAR releases its housing forecast for the remainder of the year and 2024.

As rental rates slow, owners may consider returning inventory to the market.

The Fed today would do well to consider the wisdom of Wayne Gretzky.

As the economy improves, mortgage rates could dip as low as the 4% range, bringing buyers back to the market.

The omnibus bill cleared Congress on Friday and now goes to President Joe Biden’s desk for his signature.

Pending home sales continued to fall in October as higher mortgage rates shook buyer confidence. Read more from NAR’s latest home sales report.