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October 12, 2026 Economic and Housing Market Outlook

October 12, 2026 Economic and Housing Market Outlook

October 12, 2026 Reports and articles referenced: Featured Report What’s Ahead Recent Realtor.com Economics Reports: – Wednesday, October 14 September Luxury Report – Best School Metros – Thursday, October 15 September Rent Report – Thursday, October 15 Weekly Housing Data Recent Indicators Housing data for download: Video Script: – Introduction: – If you’re looking forRead …

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Mortgage Rates Hitting 8% in 2026 Is Not Impossible. That Shouldn’t Be Buyers’ Biggest Concern.

Mortgage Rates Hitting 8% in 2026 Is Not Impossible. That Shouldn’t Be Buyers’ Biggest Concern.

Mortgage Rates Hitting 8% This Year Is Not Impossible—and Yet, That Shouldn’t Be Buyers’ Biggest Concern Last week, mortgage rates hit a three-year high—a headline that has been on repeat for several months. In fact, in less than four months, the rate has risen a percentage point. The average rate on 30-year fixed home loansRead …

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Mortgage Rates to Remain above 7% Through 2027, Economist Forecasts

Mortgage Rates to Remain above 7% Through 2027, Economist Forecasts

Mortgage Rates Will Remain Above 7% Through 2027, Top Economist Forecasts Mortgage rates will remain elevated above 7% through the end of next year, according to the forecast of a top housing economist with the Mortgage Bankers Association. “Inflation is too high, leading central banks to raise short-term rates, while budget deficits and debt areRead …

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Price Cuts Are the Best Concession To Motivate First-Time Buyers

Price Cuts Are the Best Concession To Motivate First-Time Buyers

Price Cuts Are the Best Concession To Motivate First-Time Buyers, Survey Finds First-time homebuyers are gaining confidence in their ability to make the correct decisions in a challenging market. However, one major factor still needs to change before many prospective buyers will take the leap: Sellers need to bring home prices down. In a surveyRead …

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Saving America’s Aging Homes: Inside the Bipartisan Push for HUD Repair Grants

Saving America’s Aging Homes: Inside the Bipartisan Push for HUD Repair Grants

Saving America’s Aging Homes: Inside the Bipartisan Push for HUD Repair Grants In a Sept. 30 letter urging the Department of Housing and Urban Development to implement a new federal home-repair program, Sens. John Fetterman (D-PA) and Cynthia Lummis (R-WY) and Rep. Nikema Williams (D-GA) pointed to seniors who might otherwise downsize but cannot affordRead …

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Rents Are Falling. So Why Are More Middle-Income Renters Falling Behind?

Rents Are Falling. So Why Are More Middle-Income Renters Falling Behind?

Rents Are Falling. So Why Are More Middle-Income Renters Falling Behind? For nearly three years, asking rents across the country’s largest metros have been falling—and yet, renters are having more trouble paying them than ever before. One in five working-age renters reported being late or unable to make their full rent payment at some pointRead …

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Legendary Chicago Bears Coach Mike Ditka Dies at 86 Inside Chicago Condo-Less Than 2 Years After Selling Florida Home

Legendary Chicago Bears Coach Mike Ditka Dies at 86 Inside Chicago Condo-Less Than 2 Years After Selling Florida Home

Legendary Chicago Bears Coach Mike Ditka Dies at 86 Inside Chicago Condo—Less Than 2 Years After Selling Florida Home Legendary Chicago Bears head coach Mike Ditka has passed away inside his Chicago condo at the age of 86. The former NFL player and coach died on Oct. 9, at 9 a.m., surrounded by family andRead …

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