U.S. home price appreciation reached 20.7% in August 2021, marking the third straight month it has reached a new record mark, according to the latest findings by First American.
Read More »Home Prices Become More Affordable Than Their Housing Boom Peaks
While nominal house prices in July were 35% higher than at the housing boom peak for prices in 2006, house-buying power remains nearly 38% below its 2006 housing boom peak.
Read More »Existing-Home Sales Rise 1.3% Month-Over-Month in July
"You can’t buy what’s not for sale, even if your buying power says you can afford it,” notes First American Chief Economist Mark Fleming on the latest potential existing-home sales report.
Read More »Home Purchases Begin to Eclipse Refis
For the first time in 18 months, the share of refis has dipped below the share of home purchases with the summer home sales market heating up.
Read More »The Week Ahead: Will Record Home Price Gains Continue?
Supply concerns continue to overshadow low rates, as a new CoreLogic report will examine the path home prices took to close out Q2.
Read More »Affordability Challenges Continue to Haunt Homebuyers
Housing affordability is on the decline for the third consecutive month, continuing to walk the fine line between supply and material issues and overall demand.
Read More »Home Sales Creep Up Slightly Month-Over-Month
A modest push in sales was overshadowed by a market that remains tight on inventory.
Read More »Homebuying Power Outpaces Price Appreciation
Home prices are rising fast, but several housing markets remain undervalued, as buying power continues to exceed median sale prices nationally.
Read More »Homebuying in Spring: Getting Past the “Performance Gap”
An expert looks at the trends that are likely to increase the potential for home sales this spring and the factors that could hold them back.
Read More »Falling Rates, Rising Risks
While overall fraud risk has recorded an upward spike partly on account of natural disasters, a new report revealed factors that are driving the sudden surge in risk over the last two months.
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