Real Estate Market Trends

This Week Might Be the Best Time to Buy

New research from Realtor.com points toward the week of September 22 (AKA right now!) as the best time of the year to buy a home! During this week, home shoppers stand to benefit from the alignment of a number of key housing market factors, including reduced competition, more price reductions, lower listing prices, and more available inventory. Looking at it on a more local scale, the first week of fall was determined to be the single best week in which to buy in 77% of the nation's 53 major housing markets, leading Realtor.com to name it "the 'Black Friday' of homebuying"!

By the Numbers: Mortgage Rates Fall to 2016 Levels

Big news came out last week for those looking to secure or refinance a mortgage, as mortgage rates tumbled to their lowest point since November 2016. Of course, there was plenty of other movement happening among the housing market's other key indicators as well. Keep reading for a brief rundown of all the latest real estate news by the numbers.

By the Numbers: October's Housing Market

Recent trends in the nation's housing market, such as rising interest rates, a lack of inventory, and low affordability, have together contributed to a minor slowdown over the course of the last several months. Although these issues aren't exactly fun, it is important to remember that they represent a needed correction to the unsustainably high rate of home price growth which had been ongoing in many cities across the country. With that being said, the National Association of Realtor's October report on existing-home sales reveals some reasons to be hopeful about the housing market's trajectory. Keep reading to learn about October by the numbers!