Live News

• Amid housing slowdown, new construction grew most in exurban areas in Q3 Dec. 05th 2023
  In the third quarter of 2023, single-family and multifamily home construction grew in outlying areas instead of urban centers.

• FirstHome IQ now has 60 ambassadors boosting financial literacy Dec. 04th 2023
  FirstHome IQ now has 60 housing professionals in their Ambassador program, who donate a portion of every loan to boost financial literacy.

• Impatient homebuyers are gradually accepting the reality of the housing market: BofA Dec. 04th 2023
  Fewer prospective homebuyers are willing to wait for a better market to buy a home. 

• Pending home sales fall to their lowest level in two decades Nov. 30th 2023
  Pending home sales in October fell to their lowest level since 2001 as mortgage rates hit 8%. Still, the Northeast posted a monthly gain in transactions.

• Buyers will have more options in 2024, but affordability woes will persist: Bright MLS Nov. 30th 2023
  Bright MLS released its National Housing Market Outlook on Wednesday, which shows that affordability will remain the biggest challenge for homebuyers next year.

• Nashville breaks into list of top migration destinations for first time since 2021: Redfin Nov. 29th 2023
  For the first time since 2021, Nashville is again a top migration destination for relocating buyers, according to a new report from Redfin.

• DataDigest: What the latest data says about home prices, construction and sales Nov. 29th 2023
  Record high home prices continue to inch higher, even as homebuilders offer discounts and build at above pre-pandemic rates, according to a host of data releases in the last week.

• Low inventory drives U.S. home prices up 5.5% year over year in Q3: FHFA Nov. 28th 2023
  U.S. home prices rallied again in the third quarter of 2023, rising 2.1% over Q2 and 5.5% compared to Q3 2022, the FHFA reported.

• US home prices continued their rally in September Nov. 28th 2023
  Home prices rallied in September, as homebuyers still outnumbered sellers. 

• Why aren’t there more new homes for sale? Nov. 27th 2023
  In a country of more than 335 million people, we still only have 76,000 new homes available for sale as we head into December.