New economic data finds that prospective buyers must withstand an impending whirlwind market heading into the new year.
Read More »Existing-Home Sales Rise for Second Consecutive Month
A slight month-over-month uptick of 0.8% in October continued the trend of a second straight month of gains for this metric.
Read More »Housing Starts Fall in October
Continued shortages in building materials, labor, and land contributed to a monthly decline in October new housing starts.
Read More »Mortgage Rates Down Week-Over-Week
The days of rates in the 3% range may be numbered, as yesterday’s actions by the Fed to begin tapering may put upward pressure on rates moving forward.
Read More »Annual Home Price Gains Remained High in August
Housing demand has held strong, as buyers continue to pay above asking prices in a market stifled by tight inventory and a deceleration in construction due to supply chain concerns.
Read More »Mortgage Rates Finally Eclipse the 3% Mark
Rates have inched higher and higher over the past few weeks, finally moving past the 3% mark for the first time since late May.
Read More »Pending Home Sales Rebound in August
After two months of declines, pending home sales found their way onto the path to recovery at the end of Q3 2021.
Read More »Mixed Jobs Reports Stabilizes Mortgage Rates
Freddie Mac reports mortgage rates leveling off as COVID variants have led to weaker employment, a drop-off in spending, and declining consumer confidence.
Read More »Despite Rise in Inventory, Mortgage Application Volume Declines
Purchase apps have slid week-over-week, while the demand for refis has leveled off, as August saw a boost in the supply of homes nationwide.
Read More »Residential Construction Continues Shift to Suburbs
A new study has found that lower land and labor costs, combined with a reduction in regulatory red tape in the suburbs has made it more appealing to build in these communities nationwide.
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