4% Gain in Pending Home Sales Isn't Exactly What it Seems

The National Association of Realtors’ Pending Home Sales Index (PHSI)—which tracks contract signings on existing homes—ticked higher in August, but remains locked in the same flat, depressed range that has defined the past two years. Pending home sales rose 4.0% in August, lifting the index to its h

Home Price Growth May be The Lowest in Years, But Home Prices Remain Near All-Time Highs

Both the FHFA and the S&P CoreLogic Case-Shiller indices published updated home-price data this week. The message hasn’t changed: prices are still higher than a year ago, but the pace of growth continues to slow. Case-Shiller is now at its weakest year-over-year level in more than 2 years, while

Mortgage Apps Drop Sharply, But It Was Still The 3rd Best Week in 3 Years

Mortgage application activity dropped sharply last week as higher rates cut into both refinance and purchase demand. According to MBA’s Weekly Applications Survey for the week ending September 26, total volume fell 12.7% on a seasonally adjusted basis and 13% unadjusted. The Refinance Index decrease

How to Replace Weather Stripping on Your Home’s Doors

As colder weather sets in, replacing worn-out weather stripping can go a long way in keeping your home warm and your heating costs down. Drafts from air leaks can make your home feel chilly and drive up energy bills, but sealing those gaps is simple and effective. Weather stripping around doors ofte