Home builders reversed a four-month downward trend in December, as a reduction in mortgage rates and strong economic data have spurred housing production nationwide.
Read More »Home Values Falling in Major U.S. Cities Amid Market Cooldowns
Single-family homeowners and condo owners are losing hundreds of dollars by the day, according to a new Point2 analysis. Learn which cities were hit the hardest in this latest study.
Read More »Home Builder Confidence Dips for Third Consecutive Month
With mortgage rates continuing to edge closer to the 8% mark, home builders have reduced home prices in order to boost sales. Just how many reported cutting home prices in October? We’ve got the answers.
Read More »Checking in With Single-Family Rent Growth Trends
A new report from CoreLogic revealed annual single-family rent growth has returned to pre-pandemic rates, growing by just 3.3% year-over-year in June, representing the lowest gain since autumn 2020.
Read More »Total Housing Inventory Ticks Up as Existing-Home Sales Fall
While total housing inventory continues to inch forward, existing-home sales retreated in July in the face of mortgage rates sitting at 7.09%.
Read More »Home Builder Confidence Wanes in August
After seven straight months of positive sentiment in builder confidence, mortgage rates exceeding the 7% mark, as well as high shelter inflation, have eroded housing affordability and put a damper on consumer demand.
Read More »Purchase Mortgage Apps Rise for Third Consecutive Week
The MBA reports that new home sales have been driving purchase activity in recent months, as buyers continue to seek options beyond the existing-home market.
Read More »Home Builder Confidence Shifts Into Positive Territory
For the first time in nearly 11 months, solid demand, a lack of existing inventory, and an improvement in supply chain efficiency have all contributed to an uptick in home builder confidence nationwide.
Read More »Lingering Economic Concerns Push Mortgage Rates Upward
Along with a lack of inventory in the nation’s housing supply, Freddie Mac reports the 30-year fixed-rate mortgage continues to edge toward the 7% mark, further dampening the spring homebuying season.
Read More »After Four Weeks of Increases, Mortgage Apps Tick Downward
Continued low mortgage rates have not equated into a strong start to the spring homebuying season, as the MBA reports a decline in overall application volume after four consecutive weeks of increases.
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