Data

Mortgage interest rates fell to 3.76 percent for the week ending October 8, 2015, after a weak September jobs report.

Home prices are not the only determining factor when looking at affordable living options. In fact, markets with cheapest homes are not necessarily always the most affordable.

Consumer confidence in the housing market rose in September nearly to its record high, driven mostly by positive sellers' attitudes and home price strength.

Mortgage applications experienced a dramatic increase this week just before the TILA-RESPA Integrated Disclosed Rule was put into effect on October 3rd.

Emerging real estates markets offer investors promising returns on increasing home prices, as foreclosure housing opportunities are nearly non-existent.

The average risk of home price declines over the next two years rests at the low level of 6 percent, except for states that are highly dependent on oil production.

Employment gains, wage growth, and continued low mortgage rates are pushing home prices up both year-over-year and month-over-month.

In light of the recent, lower-than-expected jobs report for September, the Federal Reserve may hold off on raising interest rates until stronger labor market data comes forth.

The combined second quarter 2015 earnings of Fannie Mae and Freddie Mac increased $2.4 billion from the first quarter to a total of $8.8 billion, according to the Quarterly Performance Report of the Housing GSEs from the Federal Housing Finance Agency.

As the season changes, prices soften, and homes remain on the market longer, the real estate market transitioned a seller's market to a buyer's market in September.