Tag Archives: George Ratiu

New construction activity rolled onward in November, as a rise in homebuilder sentiment looks to even the supply to demand imbalance in 2022.

With rates dropping slightly to 3.10%, a strengthening economy and improvements in employment numbers are two factors that will drive a strong housing market into 2022.

In a holiday-shortened week, mortgage rates rose slightly, hitting 3.11%, yet remaining within range of all-time lows.

New economic data finds that prospective buyers must withstand an impending whirlwind market heading into the new year.

S&P CoreLogic Case-Shiller Indices found an annual price gain of nearly 20% in September 2021, driven by a continued lack of inventory and the return of bidding wars.

NAR reports that pending home sales rose in October, with buyers fearing a spike in rates took advantage of the limited supply available.

Rents have grown nationally at a double-digit annual pace for the second consecutive month, with major metros driven by tech jobs experiencing the greatest gains.

Mortgage rates have risen to 3.14%, up five basis points, with refi activity dipping for the fifth straight week.

While rates continue to hover at record lows, a rise in economic and financial market uncertainties, competition remains high for tight inventory as affordability issues linger.

The month of July saw home prices rise for the 14th consecutive month, forcing millennials and first-time buyers back to the sidelines.