Average 30-Year Mortgage Rate Falls to 7.44%

Last week, it was 7.5%. It’s the third weekly drop in a row, good news for buyers facing persistently high prices and a near-historic low number of for-sale homes.

Property Prices Trending Upwards

CoreLogic: Nine out of 10 residential properties are still selling for a profit in 3Q 2023, despite the recent downturn in the housing market.

Builder Sentiment Down in November

NAHB’s index for builder confidence fell six points to 34, the lowest level since Dec. 2022. But some data indicates improving conditions ahead.

Things to Know About Institutional Buyers

These investors often rely on data- and technology-driven tools to find neighborhoods where buying in bulk is likely to pay off, then typically make cash offers.