The FHFA announces another extension for pandemic mortgage relief for loans backed by Fannie Mae and Freddie Mac.
While the 30-year fixed-rate mortgage inched closer to 3% this week, NAR forecasts that an expected slow increase in rates in 2021 “should not be alarming to would-be home buyers.”
Consumers seeking lower housing prices are looking farther from central metro areas. View realtor.com®’s list of the hottest housing markets.
Home shoppers are interested in more upfront guidance about the renovation potential of properties.
Remind clients to check with planning departments and homeowners associations about local regulations.
The median sales price for a new home was $346,400 in January, but builders are trying to control higher construction costs.
Discriminatory language is being uncovered in title documents that once sought to limit who could buy a property. The real estate community and tech companies are stepping up to remove it.
Home maintenance affects value over the long run. But a new survey shows that homeowners lack knowledge in how to properly maintain a lot of their home’s appliances and systems.
The association applauds the House for advancing a bill to the Senate that would extend fair housing and other protections to LGBTQ Americans.
Home sales could be higher, but eager buyers are finding a lack of supply. Read more from NAR’s latest housing report.
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