Redfin reports that nearly 60,000 home-purchase agreements fell apart in June, as mortgage rates steadily climbed toward the 6%-mark, thus compounding affordability issues.
Read More »Single-Family Home Inventory Up YoY in May
Despite housing inventory falling slightly to a 7.7 months’ supply month-over-month, the nation's supply was up 34.5% over last May, with 444,000 units available for sale.
Read More »Housing Affordability Hits 15-Year Low
Inflating mortgage costs, driven by skyrocketing prices and interest rates, have made mortgages less affordable than at any time since at least 2007. According to the latest market report from Zillow, demand for homes has pulled back in response —easing ...
Read More »Inflationary Pressures Spark April Jump in Nationwide Rent Price Growth
CoreLogic has released its latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across major metropolitan areas. U.S. single-family rent growth continued its hot streak in April, with prices up by 14% year-over-year, the 13th consecutive month of ...
Read More »Calmer Market Means More Options for Those Seeking Homes
As rising inflation and mortgage rates bring U.S. housing demand back from the chaos of 2021, Realtor.com's updated 2022 forecast predicts inventory will grow double-digits over 2021, offering buyers a better-than-expected chance to find a home. New data finds that ...
Read More »Fannie Mae’s Chief Economist Talks Housing
DS News recently sat down with Doug Duncan to break down the factors in play shaping the current state of the housing marketplace.
Read More »The Week Ahead: Charting Economic Activity
On Monday, the Chicago Fed will release its monthly index designed to gauge overall economic activity and related inflationary pressure.
Read More »The Homebuyer View on Home Prices
A recent study reveals that the median home price change expectations among consumers remained steady, but lenders may be more optimistic.
Read More »Experts Sound Off on Fed Rate Decision
Though the Fed decided not to raise rates, experts say that could change later this year. Find out why.
Read More »Economy Shifts The Balance of Housing
The Federal Reserve Bank of New York takes a look at what economic indicators are Americans watching out for this year.
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