Rising interest rates and harsh winter weather have dampened homebuyer activity, leading to the biggest drop in pending sales since October. However, there’s optimism for a rebound as spring approaches, fueled by increasing home tours and new listings.
Source: Inman News
Mortgage rates lead to biggest pending sales drop since October
More from buyersMore posts in buyers »
- The secret to making your clients love you: Save them money
- Despite market shift toward buyers, they’re still backing away
- Zeckendorfs accused of ‘brazen fraud’ in $80M penthouse sale
- Real estate agents carry hope for client pipelines into January: Intel
- How to use down payment assistance to close more deals
More from home toursMore posts in home tours »
- The most iconic house in Los Angeles is now for sale
- Through the bathroom door: What 3D tours reveal about buyers today
- Realtor.com parent goes after its own virtual tour target amid battle with CoStar
- How this agent went viral by falling in love with the home in his TikTok video tour
- How 1 newbie real estate agent gets 75% of her clients by insulting people on Instagram
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from median home priceMore posts in median home price »
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- August existing-home sales may have been lowest in a decade
- NAR sees existing-home sales rise ‘ever so slightly’ in July
- Renter households surge as homeownership costs climb
- Falling rates pique buyers’ interest, but not their pocketbooks
More from median mortgage paymentMore posts in median mortgage payment »
More from MortgageMore posts in Mortgage »
- Bayview merger positions Guild Mortgage for refinancing boom
- Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
- Homebuyers came out in force last week, and rates are trending down
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- Realtor who tipped Pulte to Schiff loans now a witness [EXCLUSIVE]
More from mortgage ratesMore posts in mortgage rates »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
- Delistings and discounts jump as holiday season approaches
More from new listingsMore posts in new listings »
- Fall has been ‘sneaky good’ for buyers, but the ‘warm-up is not guaranteed to last’
- The inventory surge is sputtering. See how your market stacks up
- Median monthly housing payments see sharpest drop in almost 1 year
- An interactive look inside the new-inventory run that’s losing steam
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
More from pending salesMore posts in pending sales »
- Fall has been ‘sneaky good’ for buyers, but the ‘warm-up is not guaranteed to last’
- The inventory surge is sputtering. See how your market stacks up
- 15% of homebuyers ‘ghosted’ homesellers in September
- An interactive look inside the new-inventory run that’s losing steam
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
More from RedfinMore posts in Redfin »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Bayview merger positions Guild Mortgage for refinancing boom
- Zillow reverses course and removes climate data from listings
- Delistings and discounts jump as holiday season approaches
- The IDX lie agents still believe: 5 common misconceptions about real estate websites
More from sellersMore posts in sellers »
More from spring homebuyingMore posts in spring homebuying »
- Despite market shift toward buyers, they’re still backing away
- A ‘herky jerky’ start to the spring buyer season isn’t deterring agents
- EXp CEO ‘cautiously optimistic’ as spring homebuying season nears
- Glenn Kelman: It’s ‘game on’ for the 2025 housing market
- C21’s Mike Miedler speaks on the power of a ‘to-don’t’ list
Be First to Comment