Tag Archives: Danielle Hale

NAR reports that foreclosures and short sales represented less than 1% of total home sales in April 2022, but down slightly from April 2021’s totals.

Buyers are exploring more options to find additional money in their budget due to intensifying cost pressures which is resulting in increased interest in buyers relocating to a different area.  New research from Realtor.com indicates that during the first quarter ...

Marking the largest increase in nearly 22 years, the Federal Open Market Committee raised interest rates by 50 basis points to a range of 0.75-1.00% amidst record-high inflation. The Fed will also allow $60 billion in Treasuries and $35 billion in MBS to roll off their balance sheet each month.

The sale of new homes dipped in March with builder confidence diminishing, as builders continued to struggle to complete homes under construction due to a shortage of materials.

As new home sales experienced a decline in February, the 20.4% rise in building materials year-over-year is being passed on to the consumer and pricing many out of the market.

The Federal Reserve raised the nominal interest rate on Wednesday, for the first time since 2018, citing factors such as surging inflation and the growing military conflict in Ukraine.

In January, the monthly cost of buying was 24.8% higher than the cost of renting for consumers in 24 of the nation's 50 largest markets.

First-time home buyers with remote work flexibility are focusing on markets where the inventory of homes for sale is nearly two times more than the national average.

As more than 45 million millennials enter the prime first-time buying ages of 26-35, the year 2022 will present several opportunities, despite expected a rise in rates and a recovering inventory.

Despite mounting affordability challenges, existing-home sales continued to push upward, rising a slight 0.8% over September’s totals.