Consumer Sentiment Continues to Waver in June
Consumer sentiment continued to waver in June, as economic signs gave little hope for inflation relief in the near future. ...
Tag: Real Estate Data
Rate Cuts Possible as Inflation Numbers Show Progress
Finally, inflation numbers open up the door for the Federal Reserve to potentially cut rates this September. The personal consumption ...
Bright MLS Lowers Projections for Sales, Inventory as Affordability Stings Buyers
An expensive market has long been a pressing issue at the forefront of potential home purchases for young homebuyers, and ...
More Evidence, Less Anecdote
In the current uncertain environment, it is more important than ever that we as an industry communicate the critical role ...
Pending Home Sales Dropped 2.1% in May; Northeast and West Record Gains
Pending home sales in May slipped 2.1%, according to the National Association of REALTORS® (NAR). The Midwest and South posted ...
New Home Sales Plummet in May
As mortgage rates remained elevated, tipping over the 7% mark last month, sales of new homes fell significantly in May, ...
Consumer Confidence Reverses Course and Decreases in June
As consumers continue to see little relief from inflation—with the Consumer Price Index registering no change in May and the ...
Home Prices Set Record High in April, But Slowing Down
The S&P CoreLogic Case-Shiller Index, a key measure of U.S. home prices, reached a new high in April. The rate ...
Harvard Report Shines Light on Affordability Crisis and ‘Alarming’ Rates of Housing Cost Burden
The Joint Center for Housing Studies (JCHS) of Harvard University recently released its annual “State of the Nation’s Housing,” and ...
Housing Starts at 4-Year Low; High Construction Costs and Mortgage Rates Blamed
Construction of new U.S. homes fell 5.5% in May, dropping to the lowest level since 2020, according to data released ...
Red (Flag) Alert! Guiding Buyers After Discovering a Property’s Problems
In most states, homesellers are legally required to disclose any known material defects or issues with the property. But that can be a slippery slope. Read more.
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