Posts by Liz Hughes

NAR: Pending home sales hit highest level since March

September pending home sales rose 7.4% to their highest level since March, according to the National Association of...

Buying a starter home is more affordable; first annual drop since 2020

The amount a homebuyer needs to earn to afford a median priced starter home is down 0.4% from last year, marking the first annual decline since August...

Homebuying just became more affordable for first time since 2020

Homebuying has just become more affordable for the first time since 2020, according to a new Redfin...

Fall brings lower mortgage rates, more inventory to market

At a time of year when the real estate market typically experiences seasonal declines, this fall is bringing just the...

Home sales decline as buyers await lower mortgage rates, new NAR rules, election outcome

While the average monthly housing payment in the U.S. fell to its lowest level since the start of the year, it isn’t improving sales, as potential buyers are holding out for lower mortgage...

Phoenix housing market shifts to balance, sellers no longer at an advantage

Competition in the housing market is expected to reignite as falling mortgage rates breathe new life into buyers, according to Zillow's latest...

Housing inventory reaches post-pandemic high as market continues to balance

The combination of rising inventory and price reductions in Phoenix and nationwide is creating a more buyer-friendly...

Falling mortgage rates, increased supply create opportunities for homebuyers

Homebuyers are finally gaining some purchasing power now that mortgage rates have dropped to their lowest level since March, and home supply is...

A down payment of just 20% may be a thing of the past, Zillow says

Buying a home in Phoenix? Here's the down payment you need to afford...

Mortgage rates dip below 7%, bring relief to homebuyers

Buyers are finally getting some relief as mortgage rates dip below 7% for the first time in five weeks, according to a Redfin...

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