By the NumbersBuyer sentiment is up despite market challengesFannie Mae’s Home Purchase Sentiment Index saw the biggest increase in nearly a year.AJ LaTraceMay 16, 2023
By the NumbersBuilders growing more confident heading into the summer monthsAfter a year of declining confidence in 2022, homebuilder optimism is on the rise, driven by buyer demand that is outpacing the supply of existing homes.Dave GallagherMay 16, 2023
By the NumbersBig drops in inventory thwart California buyersCalifornia homebuyers are experiencing the worst situation in the country when it comes to new home listings.AJ LaTraceMay 15, 2023
By the NumbersThe 'catastrophic' impact of a debt default on housing costsThe U.S. has never defaulted on its debt, but without government action, it could happen by June 1 — leading to a surge in mortgage rates and monthly costs.Cheryl Reid-SimonsUpdated May 24, 2023
By the NumbersMortgage rates inch down, continuing a ‘sideways trend’ Interest rates dipped slightly to 6.35% this week, and mortgage applications were up — but limited inventory is keeping the market “subdued.”Amie FisherMay 11, 2023
By the NumbersPrices up in 70% of metros — but that’s a big drop from Q4NAR’s latest quarterly home sales report found that most markets are still seeing annual price increases, with the biggest gains in the Midwest and Southeast.Amie FisherMay 9, 2023
By the NumbersMortgage rates dip slightly, but economic concerns growThe 30-year mortgage rate averaged 6.39% this week, down from 6.43%, but the decline has not spurred an increase in mortgage applications.Dave GallagherMay 4, 2023
By the NumbersThe Fed sticks to its plan, bumps rate by 25 pointsAs many analysts had predicted, the Federal Reserve raised the benchmark interest rate for the 10th consecutive time since March.Dave GallagherMay 3, 2023
By the NumbersHome prices up modestly, with bigger gains in the forecastCoreLogic’s home price report for March found that prices in the U.S. increased 3.1% annually, though gains (and losses) varied across the country.Dave GallagherMay 2, 2023
By the NumbersMore buyers believe they can find an affordable homeA new trends survey found that while most buyers still have trouble finding homes that fit their budget, more are optimistic about their chances.Dave GallagherApril 28, 2023
By the NumbersHousing Market Decoded: Fair Housing At 55Expanding homeownership remains a crucial task, says Dr. Lisa Sturtevant, as the White-Black homeownership gap is even wider now than it was in 1970.Lisa SturtevantApril 28, 2023
By the NumbersLack of inventory put a damper on March pending home salesThe National Association of Realtors reported the first dip in pending sales since last November as inventory remains tight.AJ LaTraceApril 27, 2023
By the NumbersMortgage rates up for a second week, but may top out soonThe average 30-year mortgage was up slightly this week, but cooling inflation is a sign that the market is stabilizing, which should prompt declines.Dave GallagherApril 27, 2023
By the NumbersCash offers are up, profits are down — but some metros are thrivingWhile these trends can bring challenges, understanding local market dynamics can help buyers and sellers be more competitive.Dave GallagherApril 27, 2023
By the NumbersNew home sales gaining momentumThe latest U.S. Census numbers on new home sales illustrate an improving market for homebuilders, especially in the South.AJ LaTraceApril 25, 2023
By the NumbersSoutheast continues to buck national price-growth trendsThe Case-Shiller data for March showed continuing annual declines in home prices, with stark regional differences.Dave GallagherApril 25, 2023
By the NumbersBuckle up: More buyers may be on the wayA new survey from the National Association of Home Builders found a significant increase in the number of adults who plan on buying a home this year.Dave GallagherApril 24, 2023
By the NumbersHousing Market Decoded: Low interest rates were a blessing and a curseBuyers might long for pandemic-era mortgage rates, but economist Matthew Gardner cautions that the "bad & the ugly" impacts outweighed the good ones.Matthew GardnerApril 24, 2023
By the NumbersYoung buyers are embracing homeownershipA new report found that in 2022, 30% of Gen Z Americans owned a home at age 25, making them a prime source of buyer (and seller) leads.Dave GallagherApril 22, 2023
By the NumbersHomebuying is tough in the U.S. — Canada can relateOur neighbors to the north are also grappling with high prices and low inventory, but "sanity is slowly returning to the housing market."Dave GallagherApril 21, 2023