With the average length of time Americans remain in their home now exceeding 10.5 years, rising mortgage rates will continue to discourage existing homeowners from selling their homes and further curb migration, according to a report.
Read More »Spike in Costs Compressing Budgets for Would-Be Homeowners
Inflationary concerns continue to blanket prospective buyers as new residential sales declined month-over-month in April.
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 »Double-Digit Listing Price Growth Continues
Home prices nationwide rose nearly 20% in February, as buyers tried to get ahead of anticipated rate hikes, led by markets in the South and Southeast.
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 »Survey: Majority of Potential Sellers Plan to List by Summer’s End
As part of “Listapalooza,” Realtor.com has released a slew of new data showing that potential sellers should think about preparing their home to sell now, during the time leading up to the traditional market frenzy that occurs starting in late ...
Read More »Housing Market Kicks Off 2022 on a High Note
The latest S&P CoreLogic Case-Shiller Index Report shows annual home price gains in January of nearly 20%, marking the fourth-largest reading in 35 years.
Read More »Low Home Inventory Spurs Drop in February’s Pending Sales
Despite intense buyer demand, February marked the fourth consecutive month of declines seen in overall pending home sales nationwide.
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 »Swift Competition Drives Home Prices Upward
Home buyers continued to snap up the limited supply of available homes, exerting upward pressure on sales prices and overall home-price growth.
Read More »