Title agents are significantly more optimistic in Q2 than last quarter about the volume of both purchase and refinance transactions in the year ahead, according to a recent survey.
Read More »Existing-Home Sales Forecasts are Coming to Pass
Existing-home sales in May hit their highest pace in almost a decade, while the uptick in demand this spring amidst lagging supply levels pushed the median sales higher.
Read More »Home Prices Soar Past Pre-Recession Peak
According to FHFA, however, price growth may decelerate to more normal rates of appreciation barring dramatic increases in wage growth and vast improvements in other areas of the market.
Read More »Will Housing Policy Determine the Next President?
The upcoming presidential election has not made much of the American population feel better, even when it comes to housing.
Read More »Housing Has Pushed Economic Growth, But. . .
Robust rental demand continues to drive the housing expansion. However, the national homeownership rate has been on an unprecedented 10-year downtrend.
Read More »The Economic Impact of Building 1,000 Homes
Building 1,000 average single-family homes packs quite an economic wallop, according to the National Association of Homebuilders.
Read More »What Drove the Surge in First-Time Buyer Share?
First-time buyer volume surged 15 percent in May and the first-time buyer share of home purchase loans continued to climb as well. What factors are behind the increases?
Read More »Labor Slowdowns Temper Housing Forecast
While housing activity and consumer spending in Q2 picked up, a slowdown in hiring and business investment has tempered what should have been a rosy forecast from Fannie Mae.
Read More »Housing Affordability Outlook Turns Pessimistic
According to a new survey, more Americans are losing faith that the housing crisis is really over.
Read More »Housing Starts are a ‘Bright Spot,’ But Beware. . .
At least one economist saw that the ongoing trend of starts exceeding permits may be trouble for the housing market down the road.
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