Americans say they long for a career as a luxury real estate agent even more than as a social media influencer, according to a new survey.

The new Reconsideration of Value policy requires lenders to provide a pathway for borrowers to request reviews of home appraisal valuations.

While the Fed doesn’t set mortgage rates, it influences them. Even with higher rates, it could be a good time to buy, one economist said.

The National Association of Home Builders said a lack of homes is the primary cause of housing affordability challenges. The group proposed steps to help.

Some of the more popular projects include adding or enclosing a porch. Remodeling demand remains high as more owners see growing equity in their homes.

AI has the potential to make real estate development smoother and easier, providing investment insights and property management automation, to name a few.

The average rate on a 30-year mortgage has increased for five consecutive weeks and is at 7.22%, the highest since November 30.

Having mortgage preapproval has always been important, but it might be even more significant than it was a half-decade ago.

New study found home sellers see a 13.1% premium in May. The study also found May 27th is the best day to sell a home, with a seller premium of 16.2%.

Fed Chair Jerome Powell said there’s been a lack of progress moving towards the 2% inflation target, so a rate cut in the near future is not likely.   

With hurricane season around the corner, homeowners should take extra precautions to prepare for storms, including performing home inspections.

Before the pandemic, golf communities were seeing a decline in interest. Now, millennial homeowners are discovering the amenities fit their lifestyles.

Responses to the nationwide survey said Americans remain concerned about high prices, particularly for food and gas.

Nearly seven out of 10 (69%) Realtor members at large volunteered monthly, spending an average of eight hours volunteering each month, NAR said.