Each month, the National Association of Realtors® releases a study called the Existing Home Sales report. It’s a detailed look at “used” home sales data from all four regions of the country.

One of the key findings in each Existing Home Sales report is something called the “median sales price”, the statistical price point [...]

The connection between the world’s political events and home affordability here at home is not always clear, but Russia’s invasion of Georgia provides a strong working lesson.

Georgia is a former Soviet republic on the eastern shores of the Black Sea. Oil pipelines within its territory supply about 1 percent of the [...]

It’s not your imagination — getting approved for a home loan is becoming increasingly more difficult.

Taken from the Federal Reserve’s quarterly survey of 84 banks, it illustrates the changing dynamic of mortgage guidelines.

Most notable is the steep curve for “prime” mortgages, a type of home loan given to applicants exhibiting:

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When home sellers accepts a contract on MLS-listed property, the property’s official status changes from “Active” to “Pending”.

By measuring the number of “Pending” homes nationwide, the National Association of Realtors® publishes its once-monthly Pending Homes Sales Index.

The real estate industry group positions the report as a predictor [...]

Any plumber will tell you — toilets are among the least efficient appliances in a person’s home. 20 percent of them leak up to 200 gallons of water per day — the equivalent of an 80-minute shower.

At an average cost of $2 per 1,000 gallons, the EPA estimates [...]

The next time you think you may have outgrown your home, consider what it would be like living in The Little House.

Barely bigger than a school bus, the 312-square-foot home featured by CTV News occupies land once reserved for a city alleyway. When the alley [...]

Fannie Mae announced a new risk-based pricing model and additional mortgage delivery fees this week, adding to the cost of buying a home.

Risk-based pricing was first introduced by Fannie Mae this past April. It added new, mandatory loan fees for high-risk borrowers while rewarding a small group of low-risk borrowers with [...]

For the second consecutive meeting, the Federal Open Market Committee left the Fed Funds Rate unchanged at 2.000 percent.

In its press release, the Federal Reserve addresses inflation, saying that it “has been high”, fingering energy and commodity costs as culprits. The Fed does expects inflation to moderate later this year, however.

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The Federal Open Market Committee meets today and is widely expected to hold the Federal Funds Rate at 2.000 percent.

This does not mean that mortgage rates will stay flat, too, however.

The Fed Funds Rate is a different type of interest rate from the ones charged to American homeowners for [...]

Lock Bumping is a lock-picking technique described as bring so easy “that a 10-year could do it.” It’s why this 3-minute news video from WMC-TV in Memphis is a must-see.

If the video leaves you feeling vulnerable to home burglers, or you’re unsure if your home’s locks are bump-proof, consider calling [...]