Tag Archives: Single-Family Homes

Mortgage credit availability fell slightly in June, according to the MBA, as mortgage rates reacted to the Fed’s actions in raising the nominal interest rate to curb inflation.

As builders continued to face rising costs, supply-chain issues, and extended completion times, the buying market has cooled amid high mortgage rates and lingering affordability concerns.

The price of new home sales experienced a near 17% decline in April, hitting its lowest level in two years.

A rise in mortgage rates over the 5% mark, and an increase in prices has impacted April buyer activity, as buyers wait for the market to show signs of stability.

The industry preps for upcoming event hosted by the Five Star Institute focused on the ever-growing SFR market.

The MBA estimates new single-family home sales will continue running at a seasonally adjusted annual rate of 887,000 units in December 2021.

After months of record home sales, fierce bidding wars, and low rates, the market has cooled as supply has dwindled, and more are opting to see where the market settles.

Rise in sales found in the luxury market, with first-time buyers still struggling to find affordable starter homes as options.

Homebuyers are returning to the city, but are seeking larger living spaces with the amenities of the suburbs.

According to a new analysis from Redfin, the typical American single-family home that sold this year went for an average price that was 17.3% more than the typical ...