Although Black homeowners experienced the smallest wealth gains among any other racial or ethnic group, homeowners were able to accumulate over $115,000 in wealth in the last decade, according to a new report from the National Association of Realtors.
Read More »Ninth Month of Slowing Housing Growth
Even though home price growth has fallen into the single digits, January posted positive gains for the one-hundred and thirty-second consecutive month.
Read More »Homes Now Appreciating at Rate of 9%
A rise in mortgage rates over the past year and inflationary concerns have constrained the purchasing power of prospective buyers, resulting in home price declines of the past two quarters.
Read More »Housing Price Forecast Turns Negative
Eric Fox, Chief Economist at Veros, commented, “This decrease to an average depreciation of -0.5% over the next 12 months is the first time in over a decade that Veros’ average house price forecast has gone negative."
Read More »Report: Housing Market to Show Resilience in 2023
CoreLogic anticipates that annual price changes will move into negative territory by the spring of 2023 before rebounding to near 2% to 3% growth in the fall.
Read More »YoY Home Prices Up Despite Recent Drops
Ahead of the Federal Reserve’s Federal Open Market Committee Meeting on December 13-14, CoreLogic has announced the release of its latest Home Price Insights report, covering October 2022 along with forecasts for 2023.
Read More »Home Price Gains Slow Again in August
CoreLogic has released the CoreLogic Home Price Index (HPI) and HPI Forecast for August 2022, showing home prices nationwide —including distressed sales— increased year-over-year by 13.5%; the lowest year-over-year appreciation recorded since April 2021, partially reflecting cooling buyer demand due ...
Read More »Home Price Appreciation Cooled in August
According to the latest Home Data Index Market Report from Clear Capital, home price appreciation cooled markedly in August as it’s proprietary Clear Capital Home Data Index for the second quarter of 2022 rose 7.4% over the previous quarter; on ...
Read More »Wants vs. Needs: House Hunters Forced to Compromise
A new Zillow survey found that 75% of buyers who successfully bought a home in the past two years reported having at least one regret about the home they purchased. Some 32% of new buyers regret buying a home that needs ...
Read More »Income and Equity Rise in Unison Over the Past Decade
As home prices fell about 30% from the peak level in 2006 from 2021, appreciation has rebounded, causing a surge in home purchases.
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