Another month, another record set. According to CoreLogic rent prices for single-family homes continued their double-digit gains in February as prices rose 13.1% from one year earlier on ...
Read More »Comparing Pre-Pandemic Levels to Current Market Conditions
First American Financial Corporation released First American’s proprietary Potential Home Sales Model (PHSM) for March 2022, showing that potential existing-home sales decreased to a 5.97 million seasonally adjusted ...
Read More »Sellers Lowering Listing Prices to Sway Buyers
According to a new report from Redfin, approximately 51% of U.S. homeowners with mortgages have a mortgage rate under 4% — substantially lower than today’s level of 5%. ...
Read More »Housing Starts Edge Upward Month-Over-Month
Despite lingering supply chain concerns, there were 811,000 single-family units under construction in March, marking the highest level since 2006.
Read More »Median Sale Prices Rise Nearly 5% Over One Month
According to the RE/MAX National Housing Report for March 2022, March home sales jumped 32.2% over February, posting a report record median sales price of $360,000. As buyers ...
Read More »Going Green May Help Sell Your House Faster
Before selling, most sellers opt for a fresh coat of paint, new appliances, or a refresh of their landscaping to entice buyers hoping for a quicker sale at a ...
Read More »Are Macroeconomic Pressures Beginning to Weigh on the Housing Market?
It is no secret that the price of everything has been rising of late, and it seems that some of the pressure caused by inflation and rising interest ...
Read More »Paul Yarborough to Lead IT Efforts at Cherry Creek Mortgage
Tasked with managing IT strategies, data security, and risk management, Cherry Creek adds 20-plus-year vet to oversee tech infrastructure and strategy.
Read More »Markets Show Signs of Early Cooldown
According to a new report from Redfin, it was the hottest March ever recorded for the housing market, with homes selling at their fastest pace and for more ...
Read More »U.S. Renters Migrate Toward Feeder Cities
It’s no secret that the pandemic upended the economy and changed people's lives, especially when it came to their migration habits. Given the opportunity to work from home, ...
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