Inflationary concerns continue to blanket prospective buyers as new residential sales declined month-over-month in April.
Read More »Potential Home Sales Decrease on Monthly, Yearly Basis
First American Financial Corporation has released their latest iteration of the proprietary Potential Home Sales Model (PHSM) for April 2022 and found that potential existing-home sales decreased to a 5.74 million seasonally adjusted annualized rate (SAAR), a 3.0% month-over-month decrease. ...
Read More »Single-Family Housing Market Shows Signs of Slowing
Homebuilder confidence declined for the fifth consecutive month, as the cost of building materials were up by more than 19% year-over-year.
Read More »Another Strong Year Ahead?
First American Financial Corporation released First American’s proprietary Potential Home Sales Model (PHSM) for March 2022, showing that potential existing-home sales decreased to a 5.97 million seasonally adjusted annualized rate (SAAR) — a 3.2% month-over-month decrease. The market potential for ...
Read More »Gain in March Housing Starts Driven by Uptick in Construction
Led by a double-digit gain in multifamily activity, housing permits rose 0.4% from February, and were 6.7% higher year-over-year.
Read More »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 ...
Read More »First-Time Buyers Continue to Feel Supply Chain Impact
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.
Read More »Federal Reserve Increases Interest Rates
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.
Read More »Steve Stallard Launches Investor Claim Solutions
Kimberly Williams to serve as CEO of new entity after acquisition of Dimont & Associates LLC’s Investor Claims Division.
Read More »ServiceMac to Begin Servicing Homepoint’s Loans
New partnership will allow Homepoint to channel its resources towards its origination channels, product offerings, and enhancement of the broker-partner experience.
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