The Money Overview

Real Estate

Housing market coverage, home buying and selling, mortgages, rentals, and property investment. From market trends to the practical decisions involved in owning or renting.

Latest in Real Estate

Market Trends

Silver hit $121 an ounce this year, near a record — AI data centers and solar panels are devouring more than miners can dig out of the ground

When silver futures on the COMEX settled above $121 an ounce in the opening weeks of 2026, the price had more than doubled in barely...

Mortgages & Rates

Mortgage rates are stuck near 6.6%, so buyers are winning concessions instead — sellers covered closing costs or bought down the rate on 1 in 4 sales last quarter

The listing price on a townhouse outside Raleigh, North Carolina, never budged from $420,000. But at closing, the seller wrote a $12,000 check that covered...

Mortgages & Rates

Homeowners are sitting on $35 trillion in equity they can’t touch — tapping a HELOC now costs 8.5%, and trading a 3% mortgage for 6.5% adds $900 a month

More than 50 million American households are collectively sitting on a mountain of housing wealth larger than the GDP of every country on Earth except...

Market Trends

For the first time in 2026, more homes are hitting the market than selling — handing buyers the most negotiating power they’ve had since the pandemic

For most of the past five years, house hunting in America felt like showing up to an auction with nothing but a bidder number and...

Mortgages & Rates

Foreclosure filings jumped 28% in a year to the highest level since 2020 — and rising insurance and tax bills, not bad mortgages, are driving them

When Maria Gonzalez bought her three-bedroom stucco house in Hillsborough County, Florida, in 2020, her total monthly payment was $1,480. She locked in a 3.1%...

Market Trends

Zillow cut its 2026 home-price forecast from 4-5% growth to flat — JPMorgan and NAR are following, and 36% of sellers are already cutting list prices

A year ago, Zillow’s economists were telling the housing market to brace for another 4% to 5% jump in home prices. That projection is dead....

Mortgages & Rates

The Trump administration ordered Fannie and Freddie to buy $200 billion in mortgage bonds — the most direct rate-pressure move since the 2008 crisis

A homebuyer taking out a $400,000 mortgage today pays roughly $500 more each month than someone who locked in a rate in early 2021. That...

Mortgages & Rates

Home Depot reports Tuesday morning — the CEO already warned there’s “no catalyst” for housing, and 6.36% mortgages are about to be the only number that matters

Home Depot reports fiscal first-quarter earnings before the opening bell on Tuesday, May 20, 2026, and the nation’s largest home improvement retailer walks into the...

Mortgages & Rates

Home prices are now projected to be flat in 2026 — Zillow cut its forecast from 4-5% growth to 0% because 6.5% mortgages killed buyer demand

Spring 2026 was supposed to rescue the housing market. Fresh listings, warmer weather, motivated sellers ready to test the waters. Instead, the season opened with...

Mortgages & Rates

The 30-year fixed mortgage isn’t really fixed — escrow shortfalls just added $179 a month to the average homeowner’s bill

You signed the papers, locked in your rate, and built a budget around a mortgage payment that was supposed to stay the same for 30...

Market Trends

Sellers outnumber buyers by 46.5% in April’s housing market — the gap narrowed for a fourth straight month, but it’s still firmly a buyer’s market

The imbalance between sellers and buyers in the U.S. housing market shrank for a fourth consecutive month in April, but at 46.5%, the gap remains...

Mortgages & Rates

The 30-year mortgage just spiked to 6.57%, its highest level since late March — because Friday’s bond selloff pushed Treasury yields to 18-year highs

The 30-year mortgage just spiked to 6.57%, its highest level since late March — because Friday’s bond selloff pushed Treasury yields to 18-year highs The...

Mortgages & Rates

Friday’s bond rout pushed the 30-year Treasury back above 5% — every new mortgage, car loan, and student loan in America just got more expensive

If you are shopping for a house, a car, or a college degree this summer, the price of borrowing just jumped. On May 13, 2026,...

Mortgages & Rates

The 30-year mortgage was 6.27% this morning — but the 30-year Treasury just crossed 5%, and the last time that happened, mortgages hit 7.79%

If you’re shopping for a home in June 2026, a 30-year fixed rate of 6.27% already stings. But the bond market is signaling it could...

Mortgages & Rates

The 30-year mortgage averaged 6.37% but spiked to 6.54% after the CPI report — and 6% wholesale inflation means it’s not coming back down

Spring was supposed to bring lower mortgage rates. Instead, it delivered a gut punch. The 30-year fixed mortgage averaged 6.37% for the week ending May...

Market Trends

Existing home sales barely rose 0.2% in April — but inventory jumped 5.8% to 1.47 million homes, the most buyer leverage since the pandemic

Buyers walking into open houses this spring are encountering something that hasn’t existed since before the pandemic: breathing room. Existing home sales crept up just...

Mortgages & Rates

The 30-year mortgage spiked to 6.54% after the CPI report — the highest daily rate in six weeks

Mortgage rates surged on May 12, 2026, after a hotter-than-expected inflation report rattled bond markets and forced lenders to reprice their rate sheets before lunch....

Market Trends

Builders slashed new home prices 6.2% in a year to $387,400 — because 481,000 unsold homes are sitting on the market

The sticker price on a brand-new American home just dropped to a level that would have seemed impossible during the pandemic housing frenzy. According to...

Mortgages & Rates

The 30-year mortgage held at 6.37% the same week wholesale inflation hit 6% — the 10-year Treasury just climbed to its highest yield in 10 months

Homebuyers who locked in a 30-year fixed mortgage this week are paying 6.37%, according to Freddie Mac’s Primary Mortgage Market Survey. That number barely moved...

Market Trends

Builders slashed new home prices 6.2% in a year to $387,400 — because 481,000 unsold homes are sitting on the market

One year ago, signing a contract on a newly built home in the United States meant agreeing to a median price of $412,900. By March...

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