Real Estate

High mortgage rates are driving down home sales and dampening buyer competition as many potential buyers and sellers remain put in the real estate market, according to Redfin.

Freddie Mac says mortgage rates are hovering just shy of 7%, adversely impacting the housing market in the form of declining demand.

Remote workers living in expensive cities drove relocation activity over the summer, as they have the flexibility to move to more affordable locations, a Redfin report said.

A more balanced real estate market that is no longer driven by seller demand is on the horizon, according to HomeLight’s Top Agent Insights report.

Demand remains strong from both locals and out-of-staters, according to residential real-estate agents in Naples, Fla., and other areas near the path of the Category 4 storm.

National Association of Home Builders CEO criticizes the Biden administration for "putting Band-Aids" on housing market issues like inflation and low supply.

A GE spokesperson confirmed to FOX Business that it is working to locate a new, smaller office space in Boston.

Florida’s building code has long been one of the strictest in the U.S. The code is updated every three years and establishes a minimum standard that local governments must adhere to.

Mortgage rates and 'lingering inflation, recession fears and housing affordability' are driving down demand for housing, Freddie Mac said.

A California estate built by the Black Eyed Peas singer Fergie and her father has been listed for more than $4.2 million. The home features a spa and a fire pit.

Freddie Mac said the 30-year fixed-rate mortgage hit it's highest level since 2002 this past week, reaching a high of 6.92%. This is up from 3.05% a year ago in Oct. 2021.

One in every 1,517 properties nationwide had a foreclosure filing over the three-month period ending in September, according to new data released by ATTOM's Foreclosure Market Report.

Home prices decreased slightly on a monthly basis in July, and annual growth decelerated, according to Case-Shiller. Here's how you can take advantage of your home equity.

Mortgage rates dipped slightly last week but still "remain quite high compared to just one year ago," Freddie Mac said.

Amid high mortgage rates, only 44.6% of home offers through Redfin received a competing bid in August, down from the same time last year, according to data from real estate brokerage company.

Elvis Presley and his wife, Priscilla, welcomed their only child, a daughter named Lisa Marie Presley, in 1968. The couple divorced in 1973. The singer passed away in 1977 at age 42.

Alexandria Real Estate Equities founder Joel Marcus says transforming vacant office buildings into apartments could bring more housing supply to U.S. markets.