According to Dana Anderson, a Data Journalist for Redfin, median sales prices occurred in eight of the top 50 metropolitan markets, while pending sales fell in all 50 markets at an average rate of 13%.
Read More »Existing-Home Sales Retreated in August
"Home sales have been stable for several months, neither rising nor falling in any meaningful way," said NAR Chief Economist Lawrence Yun.
Read More »Federal Open Market Committee Holds Steady
The Committee will continue to assess additional information and its implications for monetary policy at future meetings with an inflationary goal of 2%.
Read More »County-Level Data: Not All Are Safe From Price Declines
“We continue to see pockets of the U.S. housing market where the foundation is a bit shakier—or more solid—than others, based on important quarterly metrics,” said Rob Barber, CEO at ATTOM.
Read More »Market Approaching Historical ‘Best Time to Buy’
Although mortgage rates remain above 7%, the first week of October has historically been the best time to buy a home due to a drop in demand and reduced home prices.
Read More »US Mortgage Corporation Names New Chief Production Officer
"I am honored to join US Mortgage Corporation at this exciting juncture," said Nino Saso, the new Chief Production Officer for US Mortgage Corporation. "The mortgage industry is rapidly evolving, and I look forward to partnering with the talented team here to capitalize on new opportunities, enhance customer experiences, and drive sustainable growth.
Read More »Home Price Gains Find New Vigor
“Annual home price growth regained momentum in July, which mostly reflects strong appreciation from earlier this year,” said Selma Hepp, Chief Economist for CoreLogic.
Read More »Mortgage Activity Falls as Rates Rise to Two-Decade Highs
"August was another rough month for mortgage borrowers from an interest rate perspective," said Andy Walden, VP of Enterprise Research and Strategy at Black Knight, now a part of ICE.
Read More »Digitalization and the Need for a National Zoning Atlas
Efforts to use this digitized data for urban development must also keep in mind how this sort of data has been used historically. A new post from David Luberoff, Deputy Director of the Joint Center for Housing Studies at Harvard University, dives into the concept.
Read More »Generation Z Feeling Crunch of Affordability Concerns
“The worsening housing affordability crisis has an outsized impact on Gen Zers and millennials because they’re much less likely to own a home than older generations,” said Redfin Chief Economist Daryl Fairweather.
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