Tag Archives: Single-Family Homes

In a recent speech before the New England Council, Sen. Elizabeth Warren calls for big national investment to lower housing costs nationwide, while fortifying protections for both renters and families.

Profits and profit margins for home flippers recovered in Q3 2023, with a new report revealing that investors were able to benefit from shifts in prices between the time of purchase and the point at which they sold them.

Annual single-family rent growth eased for the 14th consecutive month in June, according to a new report from CoreLogic, remaining near the pre-pandemic growth rate, while growth for attached homes is projected to continue to exceed their detached counterparts.

While Americans continue to struggle with housing affordability, a new report from the National Association of Realtors showed existing-home sales fell 2.2% in July, with available inventory and 7% mortgage rates continuing to drive overall sales activity.

According to the U.S. Census Bureau, privately owned housing units counted by the number of building permits issued in July were at a seasonally adjusted annual rate of 1,442,000. This number is slightly above the revised June rate but still 13% below the July 2022 rate of 1,658,000.

ATTOM has found that nearly 73,000 single-family homes and condominiums in the nation were flipped in Q1 2023, hitting the second-highest mark for home flippers this century.

New data shows there is continued momentum in the investment marketplace as 2023 progresses, with growth found particularly in the Midwest and the West regions of the country.

While many homebuyers remained on the sidelines, home sales and competition leveled off in February, as the median U.S. home sale price fell 1.2% in February, marking the first year-over-year decline since 2012.

The rate of overall housing starts slowed in 2022 while completions climbed, according to a new Realtor.com report. New home affordability continues to drop rapidly with just 10% of new homes sold for less than $300,000 in Q4 2022.

With home sales having dropped sharply this past year, Fannie Mae experts discuss the impact of lowering mortgage rates and what factors drove purchase demand to increase. Here’s why the housing market is now "in a different phase of the economic and housing cycle.”