“Over the last two months, the impact of major increases in mortgage rates and inflation have finally been realized in the slowing rate of home price appreciation. It is once again clear that home prices are not impervious to the broader economic conditions around the country,” noted Steve Gaenzler, SVP of Products, Data and Analytics for homegenius Real Estate.
Read More »Record-Breaking Home Price Growth Now; Return to Normal Next Year?
The latest Home Price Index (HPI) from CoreLogic covering June 2022 set a new milestone: it has now seen a record 125 consecutive months of year-over-year increases as ...
Read More »Home Price Growth Continues to Wow
Prices grew at an annualized rate of over 19% last quarter, further pressuring homeseekers to make every penny count.
Read More »Affordability Issues Linger Despite Stabilization of Mortgage Rates
Mortgage rates have begun to plateau, with a spike in home buyer demand due to the continued lack of supply and elevation in prices.
Read More »Mortgage App Volume Slides to Close 2021
Continued supply concerns have forced more to reconsider their home purchases, as the year closed out with a decline in overall purchase apps.
Read More »Seller’s Market Closes 2021 on High Note
Experts predict annual home price growth to slow to 2.8% by November 2022, after experiencing record gains in 2021.
Read More »Mortgage Rates Remain Low and Stable
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.
Read More »Apps for New Home Purchases Dip 15.2% YoY in October
Still hampered by supply-chain concerns, home builders slowed their pace in October, as buyers absorbed a 12.3% annual increase in construction costs.
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 »Home Prices Rise for Sixth Consecutive Month
Rising at an annualized rate of 17.6%, the latest analysis has found that home prices across the nation continued to climb at a record pace in September.
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