According to Odeta Kushi, First American's Deputy Chief Economist, there has never been an official or general agreement on what constitutes a housing recession.
Read More »Lack of Inventory Holding Back Sales
Potential home sales decreased on a monthly and yearly basis, due in part to low inventory. Click through to find out how that affects future sales.
Read More »Single-Family Rent Price Growth Experiences Lowest Appreciation Rate Since 2021
According to a new CoreLogic report, single-family rent price growth was up by nearly 6% year-over-year in January, marking the lowest rate of appreciation since the spring of 2021.
Read More »New Home Purchase Mortgage Applications Experience Modest Increase
According to the latest Mortgage Bankers Association Builder Application Survey data for February 2023, mortgage applications for new home purchases increased just 1.2% compared to the same time a year ago.
Read More »Cost of Materials Restricting Home Construction Growth
The demand for home inventory continues, despite contractors being impacted by cost increases, supply shortages, and transport bottlenecks.
Read More »New Home Sales Rise 14%
The report found every region of the nation recorded a monthly increase despite lagging inventory.
Read More »Home Sales Surpass Pre-Pandemic Numbers
Analysis on the market said the industry is responding to a “avalanche of applications” for both purchases and refinances.
Read More »New Home Sales Heating Up
A survey found June 2020’s number far surpass the year prior and prospective buyers are looking to the suburbs.
Read More »Rising New Home Sales: ‘Indicator of What’s to Come’
Further analysis of the report added that the market's low point in sales is likely behind us. Click through to read more.
Read More »New-Home Sales Decline in March
Click through to see how far the U.S. Census Bureau reports that drop from February was.
Read More »