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 »The Week Ahead: Positive Jobs Report to Boost Forbearance Exits?
After 17 weeks of declines in the number of forbearance plans nationwide, the MBA announces its latest survey findings on Tuesday, as a strong June jobs report could send more out of plans and back onto the road to economic recovery.
Read More »Housing Starts and Permits Post Monthly Decline
Demand continues to be high, but supply issues concerned many builders in April.
Read More »First American Economist Promoted to Deputy Chief
Kushi previously served as senior economist, helping First American’s Economics team research, create and publish perspectives on the housing market.
Read More »