Despite ongoing concerns over tight inventory and declining affordability, there are still markets around the country where homes are for sale that are both large enough and affordable enough to accommodate working class households.
Read More »Confluence of Factors Keeping Home Sales Healthy
A number of current economic conditions are supportive of the housing market—although demand for housing is being hindered somewhat by tight inventory levels.
Read More »Overvalued Markets Not Necessarily a Bad Omen
Nearly a third of the top 100 U.S. metros are overvalued compared with their peak levels during the bubble years of 2005 and 2006. But one analysis says this doesn't necessarily mean another bubble is on the way.
Read More »Is a September Rate Hike Off the Table Now?
The August jobs report from the BLS fell short of expectations, leaving analysts to wonder whether or not the widely-forecasted September rate hike by the Fed will still happen.
Read More »Purchase Apps Rise to Nine-Year High
Purchase applications in June hit their highest level since December 2007, close to their historical benchmark level.
Read More »Mortgage Rates Bump Up In Anticipation of Fed Action
Mortgage interest rates, which have been hovering near record lows for the last two to three months, bumped up this week due to the increased possibility of a Fed rate hike.
Read More »Home Value Appreciation: A Double-Edged Sword
Both current homeowners and renters agree that home values are going to continue to appreciate. However, the effect of home value appreciation on the confidence of each in the housing market is quite different.
Read More »Summer Months Bring Rise in SFR Vacancies
Higher monthly lease expirations in the summer pushed the vacancy rate upward across nearly 90,000 single-family rental properties, according to one analysis.
Read More »Tight Inventory Can’t Stop Pending Home Sales
Pending home sales in July swelled to their second-highest numbers in more than a decade, in the face of the tight inventory. What drove the increase?
Read More »Recovery? Not in These Markets Yet
Eight years after the crisis, many national housing metrics such as existing-home sales, new home sales, and home price appreciation are experiencing post-crisis highs. Some markets are lagging behind in the recovery, however.
Read More »