The national U.S. housing market is sustainable, despite slower-than-expected household formations and the slowdown in energy sector jobs, according to a report.
Read More »Energy-Producing States Facing Housing Price Drops
Nationally, Arch MI put the risk of price declines at 5 percent, which is where it was in Q1. But some areas in the energy-extraction states remained at heightened risk and may experience slower growth.
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 »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 »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 »The Week Ahead: Can New Home Sales Keep it Up?
New home sales in April shot up to their highest level since 2008 despite tight inventory. Can they keep it up in May? HUD and Census Bureau will release the results on Thursday.
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.
Read More »Housing Hits High Gear in May
The U.S. housing market accelerated to its fastest pace on record in May, as the typical home went under contract a full week faster than a year earlier.
Read More »Fed’s Indecision Causes Another Dip in Mortgage Rates
Mortgage rates and mortgage applications both dropped slightly last week, as jittery investors continued to turn to government-backed bonds in the lead-up to the Federal Reserve’s June meeting and a shaky European market.
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