Tag Archives: Affordability

Today, the Data & Analytics division of Black Knight, Inc. released its latest Mortgage Monitor Report, looking at recent cooling of annual rate of home price appreciation and ...

Affordability issues are officially taking a toll on the market as the average asking price of a newly listed home is off 1.5% from its peak in spring in ...

Necessitated by significant operating losses and cash flow challenges due to mortgage market volatility, FGMC has filed for bankruptcy protection.

Real house prices increased 45.6% between April 2021 and 2022, while consumer house-buying power, decreased 8.75% between March 2022 and April 2022.

Another shocking record high has been reported by Zillow’s May 2022 Market Report as mortgage payments are now higher than rent in 40 of the 50 largest metropolitan areas. ...

Sales of new single‐family homes in May rose to 696,000, a 10.7% month-over-month rise of April’s recorded total of 629,000.

After a few weeks of decline, Freddie Mac reports mortgage rates hit a mark last seen in November 2008, having increased by more than two full percentage points since the beginning of 2022.

While existing-home sales fell 3.4% in May, median sale prices exceeded $400,000 for the first time, representing a nearly 15% increase from 2021.

The U.S. median rental price hit its latest new high of $1,849 per month in May, representing a 26.6% increase since 2019 before the pandemic began, according to ...

Hitting the highest rate recorded in 15 years, housing completions rose in May, a sign that construction bottlenecks may be easing.