The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) fell by 0.8 points, from 32.5 to 31.7, after the Federal Reserve cut interest rates by a quarter of a percentage point. Click to view image. Two of the ESI’s five indicators decreased during this period. Confidence in the overall U.S. economy decreased the… Continue reading Economic sentiment decreases following interest rate cut| Economic Sentiment Index
The share of mortgaged U.S. homeowners with a rate of at least 6% rose to 19.7% in the second quarter, the highest level since 2015. And with the weekly average mortgage rate fluctuating above 6% since September 2022, that share is growing steadily—rising between 0.8ppts and 1.4ppts each quarter for the past two years.| Redfin Real Estate News
The original seedling for Arbor Day was planted in 1872, by J. Sterling Morton in Nebraska City, Nebraska. His time as the US Secretary of...| Niche Homes
The median monthly mortgage payment is just $25 shy of its record high, sidelining would-be buyers. But the tide is turning for buyers: Redfin economists expect home prices to decline by the end of the year, and a surplus of listings is motivating sellers to negotiate.| Redfin Real Estate News
The Penta-CivicScience Economic Sentiment Index (“ESI”) is a “living” index that measures U.S. adults’ expectations for the economy going forward, as well as their feelings about current conditions for major purchases. The primary goal of the Index is to accurately measure movements in overall national economic sentiment, and to provide a more sophisticated alternative to existing economic sentiment indices.| Economic Sentiment Index
The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) increased by 1.6 points from 33.1 to 34.7, driven upwards by a surge in confidence in the overall U.S. economy. Click to view image. All five of the ESI’s indicators increased during this period. Confidence in the overall U.S. economy increased the most, climbing… Continue reading Economic sentiment rises as the Fed signals future rate cuts| Economic Sentiment Index
Most homeowners have a mortgage rate far below today’s levels, prompting many to stay put, but this lock-in effect is starting to ease.| Redfin Real Estate News
With new listings rising and pending sales declining, Redfin agents suggest sellers set their asking price fairly from the start to attract buyers and avoid price drops.| Redfin Real Estate News
The median monthly mortgage payment fell to a seven-month low of $2,631 during the four weeks ending August 10, down more than $200 from its May peak of $2,846. Last week marked the 12th consecutive week that monthly payments either dropped or stayed flat.| Redfin Real Estate News
Pending home sales and mortgage applications improved a bit at the start of April. But since then, the back-and-forth on President Trump’s new tariff policy, rising mortgage rates and the increased odds of a recession have likely pushed down homebuying sentiment.| Redfin Real Estate News
The median U.S. home price rose 5.2% year over year this week, and mortgage rates hit their highest level since November 2023. Prices continue to rise partly because there are still serious buyers searching for homes.| Redfin Real Estate News
For millions of Americans, the biggest threat to their personal finances and spending routines isn’t tariffs. It’s their mortgages. Many homebuyers jumped| PYMNTS.com
Slowing price growth is good news for homebuyers. So are shrinking housing payments, with the median U.S. mortgage payment falling to its lowest level in five months.| Redfin Real Estate News
One in five sellers are now cutting prices as the housing market tilts in favor of buyers. Article by Naveen Athrappully from The Epoch Times.| economiccollapse.substack.com
Soaring housing payments are keeping many homebuyers on the sidelines, but new listings are ticking up and there are signs some house hunters are emerging as we enter spring.| Redfin Real Estate News
This report examines the top motivators for buying homes. From emotional milestones to rising costs and investment strategies, discover what’s driving property purchases.| IPX1031 - Investment Property Exchange Services, Inc.
Compare mortgage interest rates to find the best mortgage rates for your home loan. See daily average mortgage rate trends and the rates forecast for 2025.| LendingTree
Vignettes tell stories and convey the particular mood of a space. They add visual interest, personality, and depth. You can make a vignette on...| Niche Homes
If you're feeling like your home has lost its spark, you’re not alone! Over time, even the most carefully curated spaces can start to feel a bit stale...| Niche Homes
That’s up from 60% a year ago. More home listings are growing stale because high housing costs are dampening demand, while the supply of homes for sale is growing.| Redfin Real Estate News
The least affordable markets were Anaheim and San Francisco, where homebuyers with the typical local income would’ve needed to spend over 80%…...| Redfin Corporation
Pending home sales posted their biggest decline since February during the four weeks ending June 30. The good news for prospective buyers: There are more new listings to choose from, and monthly housing payments are down nearly $100 from their April peak as mortgage rates decline.| Redfin Real Estate News
The median U.S. home price rose 5.2% year over year this week, and mortgage rates hit their highest level since November 2023. Prices continue to rise partly because there are still serious buyers searching for homes.| Redfin Real Estate News
