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home sales

Good News for Homebuyers: Mortgage Rates Drop in Late 2025

January 1, 2026

Mortgage rates have dropped to their lowest point in 2025, giving homebuyers a bit of good news as the year comes to a close. The average rate for a 30-year fixed mortgage is now at 6. 15%, down from 6. 18% the previous week. This is a significant drop from the start of the year, when rates were aro

finance

Home Buying Takes a Chilly Turn in November

December 19, 2025

Buying a home in November was tough. Prices stayed high, mortgage rates didn't budge much, and there were fewer homes on the market. Sales of used homes only went up a tiny bit from October. They were even lower than they were in November last year. About 4. 13 million homes were sold in a year, but

finance

Home Sales Tick Up, But Challenges Remain

November 20, 2025

The housing market saw a small rise in sales of previously owned homes in October. The numbers went up by 1. 2% from September, reaching about 4. 1 million units annually. This increase is a slight improvement from the previous month and a 1. 7% rise compared to the same time last year. The market

business

U. S. Home Sales Pick Up, But Challenges Remain

October 23, 2025

In September, the U. S. housing market saw a slight boost in home sales. This uptick happened because mortgage rates dropped a bit, and more homes became available for buyers. The number of homes sold went up by 1. 5% compared to August. This is the fastest pace since February. However, it's importa

finance

Investors Are Buying Up Homes: What Does This Mean for You?

October 7, 2025

In the second part of 2025, investors, both large and small, bought a significant number of single-family homes. This trend marks a notable increase from the previous quarter and the highest in half a decade. However, it's important to note that the total number of homes sold decreased compared to t

finance

Stocks Rise as Home Sales Beat Expectations

September 24, 2025

The stock market saw a boost recently, with the Dow Jones Industrial Average climbing higher. This uptick came after a surprise in the housing market. More homes were sold than experts had predicted. This unexpected increase in home sales gave investors a reason to feel more confident. The housing

business

Home Sale Tax Talk: What Could Change for Owners?

July 23, 2025

A recent discussion has sparked interest in a potential change to capital gains taxes on home sales. The idea, floated by a prominent political figure, suggests eliminating these taxes entirely. This has led some to speculate about the implications for homeowners. Currently, capital gains taxes app

finance

New Homes Sitting Unoccupied: What's Going On?

June 25, 2025

The real estate market is feeling the pinch. In May, sales of new single-family homes took a nosedive, plummeting by 13. 7% compared to April. This drop brought the sales figure down to 623, 000 units on a seasonally adjusted, annualized basis. To put that into perspective, it's not just lower than

finance

Spring Home Sales Hit a Snag

May 22, 2025

In April, the housing market took a hit. Sales of existing homes slowed down to a pace not seen since 2009. This drop happened despite a growing number of jobs in the economy. The slowdown is due to high interest rates and a lack of confidence among buyers. The National Association of Realtors repor

finance

February's Home Sales: A Surprising Turn

March 20, 2025

The housing market showed unexpected strength in February. Sales of existing homes went up by 4. 2% from January. This is a significant jump, especially when experts had predicted a 3% drop. However, it's important to note that these sales figures are based on deals that closed in February. This mea