Tag Archives: Home Sales

Mortgage purchase applications are decreasing, while median asking prices of newly listed homes increased to 12.9%. Here's the data from a new housing market update.

Fannie Mae’s ESR Group found that, despite the nation’s solid economic finish to 2021, inventory and inflation will dampen the housing forecast in 2022.

In a month where housing supply dropped 12.7% nationally, the 1.3 months’ supply of homes recorded in October tied for second-lowest in history.

A combination of increased inventory and rising rates will play a role in weakening the housing market over the next 12 months.

The pace of the housing market has accelerated at a time when it typically slows, as 44% more homes are pending sales than at this time in 2019.

Redfin reports that in the month of March 2020, the national median home-sale price hit a record high of $353,000, up 17% from 2020, and a record high rate of growth. Regionally, median sale prices increased from over 2020 in ...

Despite a myriad of obstacles stemming from two pandemic-induced lockdowns and a problematic economy that forced many residents and businesses to leave the state, California's housing market closed 2020 with a vibrant sales rate and a fifth record-high median price ...

The competition among homebuyers is intense and home prices have been soaring in recent months. The cause of this heated competition and rising prices is the short supply of homes for sale. This lack of inventory has been prevalent across ...

A new study shed light on which metros’ housing markets had the most and least to worry about from a recession. But three cities won’t have to worry much. Hint: They’re all in the Northeast.

Though favorable mortgage rates continue to support increased refinance activity, the latest data from Fannie Mae takes a look at the factors that could dampen housing sentiment.