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April 10, 2026 Economic and Housing Market Update

April 10, 2026 Economic and Housing Market Update

April 10, 2026 Overview – The Realtor.com® economics teamvideoupdategives you the relevant economic and real estate information you need to know each week, every Friday, to navigate the housing market as a homebuyer, home seller, or industry professional. – For the week ending April 10, Realtor.com®Chief Economist Danielle Halediscusses the latestmortgage ratedata and how theRead …

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As Mortgage Applications Fall, Lenders Say Uncertainty Is Pricing Buyers Out

As Mortgage Applications Fall, Lenders Say Uncertainty Is Pricing Buyers Out

The housing market’s long-running affordability problem may be giving way to something else: uncertainty. The spring selling season had been off to a strong start. In February, mortgage rates dipped below 6% for the first time since 2022 and new listings were climbing despite winter weather. But then, the conflict in Iran rattled markets andRead …

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Denver’s Downtown Divide: Why Home Prices on the City Limits Are Soaring

Denver’s Downtown Divide: Why Home Prices on the City Limits Are Soaring

Denver’s downtown has experienced a significant shift in recent years. Once a highly sought after destination, many of its office buildings are now sitting vacant or only partially occupied. “Downtown Denver has seen a dramatic shift downward in demand,” real estate agent Jim Merrion of Coldwell Banker Realty in Denver tells Realtor.com®. “Office space vacancyRead …

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Mortgage Rates Edge Down on Cue as the Best Week To Sell Approaches

Mortgage Rates Edge Down on Cue as the Best Week To Sell Approaches

The situation in the Middle East continues to dominate headlines, but a ceasefire has already affected mortgage rates. We have two different indicators to consider: first, the most recently released consumer price index, which tracks inflation. Importantly, it covers the month of March and does not reflect any post-ceasefire data. Not surprisingly, the data showedRead …

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Sam Altman’s $27 Million San Francisco Mansion Targeted by Molotov Cocktail

Sam Altman’s $27 Million San Francisco Mansion Targeted by Molotov Cocktail

San Francisco police have arrested a man who is accused of throwing a molotov cocktail at OpenAI CEO Sam Altman’s $27 million home—and made threats outside of his company’s headquarters in the city. According to a statement issued by OpenAI, the parent company of ChatGPT, the alleged attack took place in the early hours ofRead …

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Mortgage Calculator: What It Takes To Buy a $400,000 Home at a 6.37% Rate

Mortgage Calculator: What It Takes To Buy a $400,000 Home at a 6.37% Rate

Mortgage rates saw a welcome reprieve this week, as the average rate on 30-year fixed home loans fell to 6.37% for the week ending April 9, according to Freddie Mac. This 9-basis-point drop follows last week’s 6.46% peak, which had marked a seven-month high for borrowing costs. While rates remain higher than the lows seenRead …

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It’s Buy O’Clock Somewhere: The 8 Metros Where Home Shoppers Have the Upper Hand

It’s Buy O’Clock Somewhere: The 8 Metros Where Home Shoppers Have the Upper Hand

Home shoppers itching to reach the closing table this spring will find a mixed bag of conditions depending on their ZIP code, with only eight metros currently qualifying as genuine buyer’s markets. The Realtor.com® economic research team on Thursday launched an innovative diagnostic tool, the Market Clock. Designed to track national and metro-level housing conditionsRead …

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