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Pending Home Sales Drop Contract signings for existing homes declined for the sixth consecutive month in April, with a 3.9% drop, as real estate markets feel the pressures of record-high prices and rising mortgage rates in April. The median listing … Read More

More Than Half of Investors Believe the Housing Market is Overvalued Up from 40% a year ago, 55% of real estate investors feel that their local market is overvalued and expect to see a price correction in the coming months. … Read More

Home Purchase Sentiment Hits Lowest Level Since Start of Pandemic Homebuyer confidence slipped again in April to the lowest level since the start of the COVID-19 pandemic, as measured by the Fannie Mae Home Purchase Sentiment Index (HPSI), which dropped … Read More