Pandemic Recovery Is Not Flat: Several Metro Counties Still at Risk
While there's been improvement on the whole since the pandemic came to light almost two years ago, the economy is ...
Tag: Housing Market
Existing-Home Sales Rebound in September
After seeing waning numbers in August, existing-home sales bumped up last month by 7% to a seasonally adjusted annual rate ...
Mortgage Rates Still on the Rise, Forecast to Reach 3.4% by December
It's been another week of increasing mortgage rates, with the average 30-year fixed-rate mortgage (FRM) coming in at 3.09%, according ...
New Home Purchase Applications Down in September as Loan Size Rises
Mortgage applications for new home purchases decreased 16.2% YoY. Compared to August 2021, applications decreased by 4%., according to the ...
Housing Starts: Multifamily Dips but Single-Family Holding Steady
Overall housing starts were down 1.6% in September to 1.56 million, pushed down by declines in multi-family construction. The September ...
Builder Confidence High Despite Continued Supply and Affordability Challenges
Builder confidence grew in October despite market challenges such as dwindling affordability due to increasing supply pricing and ongoing shortages. ...
Mortgage Rates Reach Peak High Since April
The 30-year fixed-rate mortgage (FRM) averaged 3.05%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac. This ...
Remodeling Demand Is Strong Despite Material and Labor Shortages
Remodeler's confidence increased in the third quarter, with the NAHB/Royal Building Products Remodeling Market Index (RMI) posting a reading of ...
Build Back Better Bill: What’s In It for Real Estate?
As two enormous spending bills percolate in Congress stalled by political maneuvering, intra-party disputes or partisan non-cooperation, there is very ...
Regional Spotlight: 2022 California Housing Market Could See Decline in Single-Family Home Sales
Supply constraints and higher home prices will bring California home sales down slightly in 2022, but transactions will still post ...
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