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Market Studies

Median Home Listing Price Balloons to $405k

Another day, another housing record broken. Realtor.com has released new information showing that home prices have hit another record high—$405,000—for the first time in March 2022.  But as prices rise, demand is beginning to moderate according to Realtor.com. In addition ...

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Homes Are Statistically More Affordable Than They Were in 2006

First American Financial Corporation has released its latest iteration of their Real House Price Index (RHPI) for January 2022, which measures the price changes of single-family properties across national, state, and metropolitan areas, which are adjusted based on income, interest ...

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Military Conflict Complicates Fannie Mae’s Estimates

No matter what you call it, the conflict in Ukraine is creating worldwide macroeconomic events that will trickle down to every segment of the economy over the course of the year.  Knowing this, the Economic and Strategic Research Group (ESR) at ...

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Median Sale Price in February Hits $357,300

Continuing a pattern of recent rises and declines over the last few months, existing home sales dropped in February 2022 according to the Existing Home Sales Report from the National Association of Realtors (NAR).  The NAR recorded a seasonally adjusted ...

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