A recession is on the horizon: Keller Williams New York City CEO

Housing won’t be to blame, and the recession won’t be anything like 2008 for the industry, according to Keller Williams New York City CEO Mark Chin.

Could negative interest rate mortgages hit the United States?

Zillow Director of Economic Research Skyler Olsen said negative interest rate mortgages aren’t likely coming here, and if they did, it would signal trouble.

Realtor.com predicts market shift impacting buyers is on the way

A market shift that will impact homebuyers well into 2020 is likely on the way, according to realtor.com’s June 2019 trend report. 

We’re in a ‘homebody era,’ and that means a housing shortage for years to come

In May 2019, the average tenure of homeowners in the U.S. — that is, the amount of time a typical homeowner lives in their home — rose 10 percent year-over-year to 11.3 years.

Helping buyers find a home for the fam? Share these 7 tips

If you’re working with a buyer who’s in the market for a new house — whether it’s a starter home or their forever home — and has long-term plans to start a family, there are a few recommendations you should make to ensure that they make a smart decision.

Mortgage rates hit yearly lows

Mortgage rates continued to slide downward this week, reaching a new yearly low of 4.06 percent on a 30-year, fixed-rate mortgage.

Zillow: The median home value dropped for first time in 7 years

The median listed home value in the United States clocked in at $226,800 in April, according to the latest monthly home data released by Zillow.

Mortgage rates see biggest plunge in over a decade

Average 30-year fixed-rate mortgages declined by 22 basis points from 4.28 percent to 4.06 percent, resulting in the biggest single-week decline in rates since 2008, according to Freddie Mac’s latest Primary Mortgage Survey released on Thursday.

Fed puts interest rate hikes on hold

The Federal Reserve announced on Wednesday that it would hold the federal funds rate in a range between 2.25 percent and 2.5 percent due to a strong labor market and robust economic activity.

Pending home sales fall in December

The National Association of Realtors Pending Homes Sales Index declined 9.8 percent year-over-year in December, marking the 12th straight month of annual decreases.