According to Fannie Mae's Economic and Strategic Research Group expectations for Q1, the increase in the sales pace from the end of 2022 to the beginning of 2023 revealed that homebuying demand remains buoyant and was unexpectedly responsive to small declines in mortgage rates.
Read More »Homebuyers: Back in the Game?
With the market still hampered by high mortgage rates and tight supply, MReport asks a panel of experts if the spring/summer 2023 housing market will bring homebuyers back off the sidelines.
Read More »Home Purchase Mortgage Apps Fell Nearly 30% in December
Mortgage applications for new home purchases decreased 25.2% in December compared to a year ago, according to a new report from the MBA Builder Application Survey. The data shows the number of applications and estimated sales are more than 20% behind last year's pace.
Read More »Builder Confidence Sinks to 13-Month Low
Increased costs and a bottlenecked supply chain have resulted in a dip in home building, even putting a hold on some new home sales.
Read More »Two-Thirds of Gen X Homeowners Plan on Renovating
With real home equity reaching a new peak of $20.2 trillion in Q2, an increasing number of homeowners aged 18-43 are tapping into their equity for upgrades to their homes.
Read More »What’s Going to Happen to Housing?
In an exclusive chat with MReport, Fannie Mae Chief Economist Doug Duncan dissects the elements creating the supply/demand imbalance in housing, and what solutions may lie ahead to remedy the situation.
Read More »Residential Construction at 14-Year High
One economist described 2020 as "the strongest [year] for residential construction since 2006.” Click through to read about the latest housing market data.
Read More »Industry Trade Groups Eager to Work with Biden Administration
A broad array of industry spokespersons discussed how the new administration can work with the industry, as well as voicing some concerns over the departure of Kathleen Kraninger from the CFPB.
Read More »Where Americans Build the Biggest Homes
The National Association of Home Builders (NAHB) analyzed the 2019 Survey of Construction (SOC) data, which shows a trend of declining home size across the country before the ...
Read More »The Week Ahead: The Face of Today’s New Homebuyers
The National Association for Homebuilders (NAHB) will be hosting a live online course called “Understanding Today’s New Home Buyer,” which will “explore the dynamics of personalities, generations, cultures, ...
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