The abundance of sellers in the housing market has given buyers a major advantage, leading to record discounts, according to a new industry report. Processing Content The average homebuyer who purchased a home below the asking price last year received a 7.9% discount, the largest since 2012, Redfin found by comparing original list prices with […]
Home discounts hit highest level since 2012, Redfin finds Read More »
While cases exist for homeowners insurance premiums to stabilize or even decline in 2026, in 36 states and the District of Columbia they rose over a two-year period, an Insurance.com report said. Processing Content Ironically, one of the 12 states they were lower (three reported no change between 2023 and 2025) was Florida. But the
Why homeowners insurance rates could stabilize in 2026 Read More »
U.S. home prices are settling into a new divide, with much of the country seeing growth stall in November while a handful of regions continue to push higher, deepening a split that is reshaping the national housing picture. Processing Content Numbers showed “persistent softness,” according to the S&P Cotality Case-Shiller national home price index, with
Home prices flatten as regional splits deepen Read More »
A Maine real estate agent is proposing a bill that would give homeowners a state tax deduction on mortgage insurance premiums as well as offer grants to help lower loan payments. Processing Content Introduced by Democratic Rep. Wayne Farrin, who is also a licensed real estate agent, the bill would lead the state to implement
Maine bill targets MIP costs, lower rates for homebuyers Read More »
High prices and more options have pushed home-sale cancellations to a record level, new industry data shows. Processing Content Roughly 40,000 home-purchase agreements were canceled in December, according to a report from Redfin. That’s 16.3% of homes that went under contract, up from 14.9% a year earlier and the highest December rate in records dating
Home-sale cancellations hit record as buyers walk away Read More »
The ever-growing amount of equity seniors hold in their current homes is likely contributing to another phenomenon, as more owners are passing their property onto their heirs, who are keeping it as a place to live. Processing Content Americans 62 and older as a group now hold $14.66 trillion of total equity as of the
Record senior equity shifts to heirs, not the open market Read More »
Late-year interest rates drove mortgage prepayment speeds back upward in December, as homeowners sought to capitalize through refinances, according to Intercontinental Exchange. Processing Content Prepayments increased to a 0.91% share of current liens, surging almost 10% from November’s pace, ICE Mortgage Technology’s monthly First Look report said. December’s rate was up by more than 59%
Prepayments jump as lower rates spur December refi surge Read More »
President Trump is said to have expressed reluctance to back penalty-free use of tax-advantaged 401(k) funds for down payments as he returned from the World Economic Forum in Davos, Switzerland. Processing Content Trump reportedly told representatives of news outlets like The Hill and USA Today who asked about the concept that he is “not a
Trump pulls back from 401(k) use for down payments Read More »
A trio of industry trade groups has suggestions for ways the White House can take action to meet a policy goal around making single-family homeownership more accessible to consumers without the legislation some other concepts require. Processing Content Ending a requirement to pay for three credit reports, reducing loan-level pricing adjustments and Federal Housing Administration
Coalition backs 3 ways to cut housing costs without Congress Read More »
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Pending-home sales plunge by most since start of pandemic Read More »
