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May 2, 2025

Economic Concerns Curbing Home Purchases

Demand for mortgages to purchase homes has continued to decline, despite relatively stable mortgage rates, indicating that economic uncertainty and potential labor market weakness are making homebuyers hesitant. Refinance activity has also dipped as borrowers await more significant rate decreases. The upcoming release of economic data could influence future mortgage rate movements.

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May 8, 2025

Rate Dip Boosts Buyer Activity

Pending home sales in the U.S. saw a significant 6.1% increase in March compared to February, the largest gain since December 2023, although they were slightly down year-over-year. The increase was most notable in the South, likely influenced by a drop in mortgage rates and a seasonal uptick in buyer activity, alongside rising inventory levels.

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May 2, 2025

Homeownership Rate Takes a Notable Dip

The U.S. homeownership rate fell to its lowest point since late 2019 in the first quarter of 2025, driven by affordability issues and limited affordable inventory. While homeowner vacancy remained stable, rental vacancy saw a significant increase. Younger demographics and most racial/ethnic groups experienced a decline in homeownership rates.

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May 2, 2025

Expanding Access to Homeownership Programs

A bipartisan bill, the "Affordable Housing Bond Enhancement Act," has been reintroduced to aid first-time homebuyers. It seeks to expand and simplify federal mortgage assistance programs, offering lower rates and tax credits, along with increased flexibility for renovations and loan periods.

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April 15, 2025

Hispanic Homeownership Reaches Historic High

A recent report highlights a significant milestone in Hispanic homeownership in the United States. In 2024, the number of Hispanic households owning their homes reached a record high, underscoring the growing influence of this demographic in the housing market.

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April 15, 2025

Recession Risk: Housing Market Impact

Growing concerns about a potential recession, fueled by recent trade policies, are casting a shadow over the U.S. housing market. While not a guaranteed outcome, economic uncertainty and a downturn could bring notable shifts for both buyers and sellers.

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April 15, 2025

Rate Drop Doesn't Equal Cheaper Homes

While mortgage rates have recently seen a slight decrease, prospective homebuyers should not necessarily anticipate a significant reduction in the overall cost of purchasing a home. Persistent high prices and potential construction cost increases continue to shape the market.

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April 15, 2025

Hidden Homes? Potential Shift in Real Estate Listings

The way homes are listed for sale could be undergoing a significant change, potentially impacting both buyers and sellers. A push for more private listing options has sparked debate within the real estate industry, raising concerns about market transparency and accessibility.

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April 15, 2025

Inventory Softens National Price Growth

Zillow has revised its forecast for U.S. home price growth in the coming year to a modest 0.8%, citing increased inventory and affordability challenges. The projection also anticipates continued subdued levels of existing home sales compared to pre-pandemic figures, with varied price outlooks across different metro areas.

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April 15, 2025

Home Sales Show February Rise

The existing-home sales market experienced an upward trend in February, according to a report from the National Association of REALTORS®. The data reveals an increase in completed transactions nationwide, signaling a potential shift in market dynamics across different regions.

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April 15, 2025

AI Real Estate Agent Achieves $100M Sales

A real estate brokerage in Portugal has reported a significant milestone, generating $100 million in sales through leads provided by an artificial intelligence agent. This development highlights the increasing role of AI in the real estate industry and its potential to transform traditional sales processes.

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April 15, 2025

AI Fraud Threatens Mortgage Security

AI-driven fraud is increasing in the mortgage industry, with deepfakes and forged documents posing significant risks. Lenders and borrowers must adopt strict verification measures to stay protected.

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