Tuesday will bring a new look at housing stats to close the first quarter of the year with the market looking to rebound late in Q1 after weather and supply constraints hampered sales early in 2021.
Read More »Mortgage Rates Hold Steady Below 3%
Rates remain at historically-low levels, as Americans are finding it an opportune time to refi, while new home seekers continue to sit on the sidelines due to tight inventory and high prices.
Read More »Lumber Costs Loom Large on New Home Prices
The price of lumber has tacked on more than $35K to the cost of the average new home built over the past year.
Read More »Home Sellers Continue to Ring Up Gains
Home sellers are still netting profits in excess of $70,000, but that number is down approximately $5,000 from the previous quarter.
Read More »Loans Closed Quicker in Q1
Increased lender adoption of eClose technology is cutting the amount of time it takes to close loans, with a six-day reduction in time over the first quarter of the year.
Read More »Sub-3% Rates a Non-Factor on Mortgage Apps
Mortgage applications are slipping, as the war between low rates and affordability continues in the nation’s housing market.
Read More »FHFA’s New Refi Plan to Assist Low-Income Families
Low-income families nationwide will have the option to save $100-$250 monthly through new plan on GSE-backed mortgages.
Read More »Home Prices Rise to 15-Year High
February saw a 12% annual gain in home prices, the largest jump in prices since 2006.
Read More »Home Seekers Target More Spacious Dwellings
Homebuyers are returning to the city, but are seeking larger living spaces with the amenities of the suburbs.
Read More »Atlas Real Estate and DivcoWest Form Partnership
New joint venture between the two firms will acquire, renovate, and manage single-family rental homes with a focus on the western U.S. market.
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