Weekly Newsletter

By Jonathon Smoke. So here we are, smack in the middle of the busiest season for the residential real estate market. With all the activity, shoppers are already facing challenges in finding their ideal home. Now, they’re starting to face a new one: rising mortgage rates. Although the health of the real estate market has much improved this year, thanks to a better labor market and the end of the foreclosure crisis, the situation isn’t as good for the home buyer. The number of people looking for homes is outpacing the growth in inventory of both new and existing homes. In April, the No. 1 problem in home buying reported by active shoppers on our site was simply finding a home that met their needs.

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