NAR reports that in all regions, contract signings decreased from the prior month, and from one year ago, as some potential buyers momentarily pause their home search heading into Q4.
Read More »September Existing Home Sales, Median Home Price Both Increased
Sales of already-built existing homes increased in September in each of the four major regions monitored by the National Association of Realtors (NAR). According to a new report published by the ...
Read More »Mortgage Rates Rise to Six-Month High
Eclipsing the 3% mark for the first time since April, fixed-rate mortgages hit 3.05% this week, with inflationary pressure building due to lingering pandemic issues, and a constricting monetary policy.
Read More »Housing Affordability Shows Improvement in August
Year-over-year, affordability declined in August, but progress was seen month-over-month, with median family income on the rise.
Read More »Pending Home Sales Rebound in August
After two months of declines, pending home sales found their way onto the path to recovery at the end of Q3 2021.
Read More »Mortgage Rates Dip and Continue to Hover Below the 3% Mark
With mortgage rates still in refi-friendly territory, dropping week-over-week, according to Freddie Mac’s weekly report.
Read More »The Week Ahead: Are Home Prices Still Scaring Away Buyers?
NAR is set to release their latest analysis of pending home sales, as buyer interest is increasingly waning due to high asking prices.
Read More »Existing-Home Sales Rise 2.0% in July
Rise in sales found in the luxury market, with first-time buyers still struggling to find affordable starter homes as options.
Read More »The Week Ahead: Relief in Store for Housing Supply?
An examination of existing-home sales by NAR will gauge the nation’s housing inventory, as high prices are forcing more to re-consider their purchase decisions.
Read More »Soaring Prices Force Prospective Vacation-Home Buyers to Reconsider
After nearly a year of surging activity, interest in vacation and second homes has tailed off for the second consecutive month, falling 21% YoY in July.
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