Continued low inventory and increasing affordability issues remain obstacles in a market experiencing continued low rates, as NAR issues key data gauging the course of the market to wrap up Q2.
Read More »Purchase Volume and Refis Tail Off
Even with rates bordering the 3% mark, both purchase applications and refi volume saw slight declines this week with the continued cloud of low inventory and high prices factoring into homebuyer’s decisions.
Read More »Homebuyers on the Clock
With housing inventory drastically reduced, prospective buyers are jumping on the short supply, and listings are spending less and less time on the market.
Read More »Nearly 40% Fewer Homes for Sale Since Last Year
What factors are driving the comparative drop in inventory since December 2019? Click through for full details.
Read More »Reports Highlight Rising Home Prices, Shrinking Homeownership Affordability
Two new data reports highlight increasing median home prices and decreasing affordable homeownership opportunities.
Read More »What’s Putting a Damper on New Home Sales?
Here’s a look at the factors that caused the annual drop in single-family new-home sales and its impact on builder confidence and homebuyer sentiments.
Read More »Good News for Homebuyers on the Horizon
Homebuyers could see a break in gains and better affordability after the typical mortgage payment rose to triple that of prices last year according to one forecast.
Read More »High Home Prices Are Here to Stay
Home prices continued to rise in January reporting an annual growth of 6.2 percent according to the latest S&P CoreLogic Case-Shiller Home Price Index that was released by ...
Read More »Existing Home Sales Jump, but Affordability Problems Linger
The year is off to a strong start with home sales and prices both on the rise, according to a recent NAR report.
Read More »Salary Needed to Afford a Median-Priced Home in 27 Metro Areas
The salary consumers need to purchase a home varies from city-to-city across the country, but San Francisco remains the most unaffordable city all consumers except those with high salaries, according to a recent HSH.com survey.
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