The Mortgage Bankers Association (MBA)’s Builder Application Survey data for July 2025, released on Monday, shows that mortgage applications for new-home purchases increased 6.8% compared from a year ...
According to a 2024 report from the Aspen Institute Financial Security Program, “Renters possess less than 3 percent of the wealth of homeowners, with a median net worth of $10,400 compared to ...
LOS ANGELES (AP) — The latest sign of trouble in the U.S. housing market: A pickup in home purchase agreements falling through before they’re finalized. Some 6% of pending contracts to buy a home were ...
MBA’s February 2026 Builder Application Survey shows new-home purchase mortgage applications up 0.9% from a year earlier but down 1% from January. Estimated new single-family home sales ran at a ...
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What is a purchase agreement, and how does it work?
A purchase agreement is a legally binding contract that spells out the details of a real estate transaction. Homebuyers and sellers typically sign a purchase agreement shortly after negotiating the ...
Potential homebuyers are canceling their purchase agreements at a record rate, according to Redfin, which first started tracking this trend in 2017. According to their data, more than 15% of homes ...
When the COVID-19 pandemic hit, Eve Ettinger realized something needed to change. Stuck working remotely in a rented farmhouse in rural Virginia, they felt isolated and yearned for community and ...
For many older Americans, retirement isn't about staying put in their homes. It's a time for making a meaningful change instead. Some retirees want to downsize their home into a more manageable space, ...
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