Fannie Mae's latest Home Price Index reveals home prices grew 3% year-over-year in Q2, and while demand remained resilient, competition heated up for the near-historically limited supply of existing homes for sale.
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White House Issues Plan to Combat Housing Supply Limitations
The Housing Supply Action Plan, announced by the Biden-Harris Administration, hopes to ease costs by boosting the supply of quality housing in communities across the country.
Read More »Demand for Homes Remains Upbeat Despite Headwinds
The demand for housing is on the rise despite headwinds like inventory shortage, increased mortgage rates, and volatile stock markets according to online brokerage firm Redfin, which released ...
Read More »Homebuyers Undeterred in December
An increase in demand for homes in the last month of 2016 indicates that 2017 will be a strong year for home sales, despite the fact that there has been a low supply of homes listed on the market.
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