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Some specific housing markets are becoming even more attractive for buyers. The 30-year mortgage rate dropped to 6.47% as of August 8 — its lowest rate in more than a year, according to Freddie ...
In expensive parts of the country, any mortgage rate savings can help spark buyer interest, said Tim Nguyen, a real estate agent in Santa Clara, Calif., where the median home lists for more than ...
๐ก Key housing market stats The median home-sale price as of September 2024 was $404,500 — the highest September median NAR has ever recorded and only about $20K short of the all-time high
As the new year kicked off, more buyers trickled into the housing market. According to Redfin , mortgage-purchase applications were up 3% compared to a month ago during the first week of January.
Pending home sales, a forward-looking measure on the housing market's health, gained momentum in February as some buyers picked up their purchase plans ahead of the spring — despite elevated rates.
$700,000+ Cost of housing by State. This article contains a list of U.S. states and the District of Columbia by median home price, according to data from Zillow.
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