Amid historically low inventory of for-sale homes, buyer demand keeps outpacing the previous year’s—economists say that pressure on home prices is going to fuel home price growth in the first half of 2021.
Read More »Why Local Homebuyers Can’t Compete With Out-of-Towners
Transplants and their higher budgets are making it difficult for locals to compete, agents say.
Read More »What Treasury Secretary Yellen May Mean for Mortgage Rates
A panel of economists discusses how the Treasury nominee’s economic policies may play out across the industry. Will the low-rate environment continue?
Read More »Housing Market Snapshot: ‘Nothing Typical About 2020’
Phoenix ranked highest among the major metros in yearly home value growth. Here’s what factors contributed to “an environment for strong growth.”
Read More »Existing-Home Sales at 14-Year Peak
In addition, first-time buyers accounted for more than a third of sales in December.
Read More »United Wholesale Mortgage Goes Public
The company’s stock, listed as UWMC, premiered at $11.95 a share.
Read More »Residential Construction at 14-Year High
One economist described 2020 as "the strongest [year] for residential construction since 2006.” Click through to read about the latest housing market data.
Read More »Ranking the Top Markets for Winter Vacation Homes
NAR data showed second home sales were up 44% in 2020. Here's which markets are heating up despite the cold.
Read More »Industry Trade Groups Eager to Work with Biden Administration
A broad array of industry spokespersons discussed how the new administration can work with the industry, as well as voicing some concerns over the departure of Kathleen Kraninger from the CFPB.
Read More »States at Highest Risk of Economic Strain From COVID-19
Though the housing market seems to have escaped many of the economic effects of the pandemic, certain areas are feeling more pain than others. Western regions appear less ...
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