You Searched For "Lawrence Yun" and got 20 results
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2 mins read
The US is short 6.8 million homes, National Association of Realtors says
Contractors can solve the issue over the next decade, NAR said, but data shows they're far from rea…
Ben Winck
2 mins read
Existing home sales slow further as weak supply chokes off the US housing boom
The lasting imbalance between home supply and demand pushed the median selling price to a record $3…
Ben Winck
2 mins read
The US housing-market logjam keeps getting worse
The housing market is in a tough position as prices sit at record highs, with no relief in sight un…
Filip De Mott
3 mins read
Why buying a home isn't likely to get much cheaper even under Biden's housing plan
Americans waiting for a drop in home prices could wind up being disappointed, real estate economist…
Jennifer Sor
1 min read
The housing market in 2023 saw its worst year of sales in 29 years
"The latest month's sales look to be the bottom before inevitably turning higher in the new year," …
Phil Rosen
4 mins read
Buying a house gets even more expensive
Home prices have increased for ten months in a row and hit their highest-ever tally for the month t…
Geoff Weiss
1 min read
Pending home sales drop to a record low, exceeding the decline seen during the 2008 housing collapse
On a regional basis, pending home sales saw a 2.7% gain int he Northeast, while monthly declines we…
Matthew Fox
1 min read
The frozen housing market may be starting to thaw
Pending home sales jumped 8.3% in December, above expectations, and mortgage rates have continued t…
Phil Rosen
1 min read
Soaring mortgage rates take their toll on the US housing market as sales slump to a 13-year low
The latest data is a sign the US remains in a seller's market, according to the National Associatio…
George Glover
1 min read
CHART OF THE DAY: The housing market's post-pandemic sales rebound has been wiped out by high mortgage rates
Sales of existing homes fell to an annualized rate of 4.04 million last month, below the pandemic l…
Matthew Fox
1 min read
Pending home sales plunged in August as 2-decade high mortgage rates continue to squeeze both buyers and sellers
Pending home sales slipped to 7.1% in August. It's the latest sign of a deepening freeze in the mar…
Aruni Soni
2 mins read
A top real estate economist just declared that the housing recession is over
"The presence of multiple offers implies that housing demand is not being satisfied due to lack of …
Phil Rosen
2 mins read
Should you wait for a better deal on a home or jump in now? Here's what housing market economists say.
The last time mortgage rates fell, home prices soared because of a gush of demand. But experts say …
Aruni Soni
1 min read
Home sales have plummeted to their lowest in 13 years as 8% mortgage rates batter the housing market
High mortgage rates have taken a toll on the US housing market, with the 30-year fixed mortgage hit…
Jennifer Sor
2 mins read
The US will probably avoid a recession. That might be bad news for homebuyers.
Odds are rising that the US avoids a bad recession. That means homebuyers could be waiting even lon…
Jennifer Sor
1 min read
US homes sales were the lowest in 14 years last month as inventory dries up
June saw 4.16 million home sales, the lowest number in the month since 2009 as inventory of houses …
Jennifer Sor
2 mins read
Home prices in over half of US markets saw record price increases in the 2nd quarter
Median home prices rose 8.5% to $402,600 last quarter, according to the National Association of Rea…
Jennifer Sor
4 mins read
3 reasons it could be the right time to buy a home, despite high interest rates
The decision to buy a house now or wait until next year depends on these factors, five housing expe…
Jacob Zinkula
1 min read
The housing slump is expanding quickly with home price declines the most widespread in 11 years
In the first quarter, 31% of US housing markets saw declining home prices, up from 11% of markets i…
Filip De Mott
1 min read
Home prices could rise as much as 5% in coming years but don't expect a bigger jump, NAR chief economist says
"Once the mortgage rate drops down a bit, one can again see the reopening of the gates for the home…