The Latest Breaking News from Danielle Hale

'The 2023 housing market could become a nobody’s-market, not friendly to buyers or to sellers,' it said.

Realtor.com’s 2023 housing market forecast takes a look at home affordability.

Overall, national rent hit a median price of $1,879 in July, the 17th straight monthly record high, but up just $2 from June.

A relief from the rise in mortgage rates: The 30-year fixed mortgage averaged 4.99% last week.

Active home listings jumped 29% year over year in the week ended July 16, about matching the prior two gains.

The silver lining for housing is not mortgage payments. The median payment totaled $1,897 in May, up 37%, from the beginning of the year.

The U.S. housing market closed June with a decline in mortgage rates, a bump-up in pending home sales, a growing number of available properties for sale and an evaporating enthusiasm for vacation homes.

Home listings increased for the first time since June 2019, according to Realtor.com data, suggesting the U.S. housing supply hit a turning point last month.

The housing and mortgage world witnessed rising rates, an upswing in application levels, and public feud between two major lenders.

FORT LAUDERDALE, Fla. — The South Florida region saw the highest rent increases in the country in the past year, with some rents more than doubling.

After dozens of showings and 22 offers in one day, a Northeast Philadelphia rowhouse left the market after two days. The house was listed at $175,000 — a popular price point. The winning bidder will pay more than $210,000.