US home sales rose in February as mortgage rates eased and more homes put up for sale
- February U.S. Existing home sales increased by 4.2%, totaling 4.26 million, according to the National Association of Realtors.
- At the end of February, housing inventory rose to 1.24 million homes, a 5.1% increase from January.
- Cash home sales accounted for 32% of all purchases in February, with first-time buyers making up 31% of sales.
- Home equity in the U.S. Is up by nearly $1.3 trillion, despite the stock market facing correction, as reported in February.
76 Articles
76 Articles

I want to buy a house — how long should I wait for mortgage rates to drop?
Weren’t mortgage rates supposed to be lower by now? The Federal Reserve slashed the federal funds rate three times at the end of 2024, which raised expectations that the cost of borrowing would drop, too. Instead, 30-year mortgage rates did…
Home Sales Jump 4.2 Percent in February: Report
The number of homes sold across the United States rose in February from a month earlier amid an improvement in housing inventory, according to the National Association of Realtors (NAR). Total existing-home sales rose by 4.2 percent from January to hit 4.26 million units in February on a seasonally adjusted annual rate, NAR said in a March 20 statement. Sales include completed transactions of single-family homes, condominiums, townhomes, and co-…
Lexington - Home to No. 3 Seed University of Kentucky - Takes Mortgage Research Center's 2025 Housing Market Tournament Title
COLUMBIA, Mo., March 21, 2025 /PRNewswire/ -- The University of Kentucky Wildcats may be entering the men's college basketball tournament season as a No. 3 seed, but their home city of Lexington is already celebrating a win. Lexington ranks as the top housing market among this year's tournament contenders, claiming the title as the real estate MVP for both buyers and sellers, according to a new analysis released today from Mortgage Research Cent…
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