According to First American, more may be entering the purchase market soon, as rate hikes may be on the horizon.
Read More »Ambitious Buyers Continue to Capitalize on Low Rates
For the third consecutive month, single‐family houses rose, as buyers cash in on low rates before a predicted hike in the coming months.
Read More »House-Buying Power Exceeds Median Home Prices in Most Markets
First American Financial Corporation has released its latest iteration of their Real House Price Index (RHPI) for September which measures the price changes of single-family properties across national, state, and metropolitan areas, which are adjusted based on income, interest rates, and home-buying power. The ultimate goal of this is to provide ...
Read More »Pending Home Sales Rebound in October
Reversing the trend of just one month ago, pending sales of U.S. homes rose 7.5% in October as consumers regained their financial footing to lock in rates before an anticipated rise.
Read More »Homebuilders Maintain Positive Outlook
Despite lingering supply issues, housing permits increased to an annual pace of 1.65 million in October, a positive sign for home builders to close out the year.
Read More »Consumers Anticipate Rise in Mortgage Rates
New Fannie Mae survey finds that U.S. homeowners growing increasingly concerned about the direction of the economy.
Read More »Home Price Gains Force Increased Affordability Concerns
Buyers may be returning to the market, but millennials and other first-time buyers continue to grapple with still-record-high prices.
Read More »Median Home Sales Prices Spike $30K in July
The supply of homes has risen as more have been priced out of the market with media prices rising $28,700 month-over-month in July.
Read More »First American Title Announces Automated Title Decision Engine
The new technology will help to ease the significant capacity challenges and demand for more rapid turn-times, the company reports.
Read More »Economist on Housing Unaffordability: Likely to Worsen Before Improving
While today's market strongly favors the seller, data and analysis show that doesn't necessarily mean one should not "buy now if you can find it."
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