Odeta Kushi, First American’s Deputy Chief Economist, has authored a new blog post discussing the definition of a housing recession and looking at the momentum of sales to determine if we are in fact flirting with a “double-dip” housing recession.
Read More »Annual Rent Growth Slows to Nearly Two-Year Low
January marked the lowest rate of home appreciation since the spring of 2021, declining for the ninth straight month to 5.7%. Meanwhile, Orlando, Florida posted the country’s largest annual gain for the third consecutive month.
Read More »Homebuilders Developing More Inventory of Homes for Sale
A recent Fannie Mae report revealed their latest projection of the 2022 real gross domestic product (GDP) to be flat at 0.0 percent growth on a Q4/Q4 basis. The latest GDP reading showed an expected decline in Q2, but recent ...
Read More »New Home Buyers Can Expect to Pay a Premium
New research by Knock, a digital homeownership platform, confirmed something that many homebuyers have already discovered: they are being priced-out of the new home market. While the uptick in new construction has been viewed as a positive sign for buyers, soaring prices and low ...
Read More »New-Home Sales go in the Wrong Direction in July
Sales of new, single-family homes fell month-over-month by 12.8% in July, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. The report states that an estimated 635,000 homes were sold for the month, far ...
Read More »Signs Point to Healthy Spring for Home Sales
Here’s why new home sales may see an uptick in the spring season despite the current record falling below market expectations.
Read More »Foreclosure Trends on the Horizon
Despite historically low levels of foreclosures, are there any indicators suggesting that a reversal is coming? A webinar on Tuesday addressed this question, along with the overall performance of the housing market in the first half of 2018.
Read More »West, Southwest Lead Sales of New Single-family Homes
A rising demand from younger homebuyers spurred the sales of new homes in the West and Southwest according to Census Bureau data. But which region didn’t fare so well?
Read More »Assessing the State of the Market
Is the foreclosure crisis finally over? While many numbers point to a decline in delinquencies, the market might need to brace for a slight increase by early 2020 according to a report on the state of the U.S. housing market.
Read More »The Week Ahead: Is Home Price Appreciation Slowing?
New single-family home sales took a notable upturn in July, with the month becoming the best month for new sales since 2007, according to HUD and the U.S. Census Bureau.
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