New Single-Family Sales Drop 4.7% in April; Mortgage Rates Remain High
Across the U.S., sales of single-family homes declined 4.7% to a seasonally adjusted rate of 634,000 in April, and overall ...
Tag: Real Estate Data
Spring Sales Down, But Million-Dollar Listings Boom
Existing-home sales receded in April, according to the National Association of REALTORS® (NAR) latest report, released May 22. All four ...
National Rent Prices Drop Again; Southern Metros See Greatest Savings
In April, median rent prices dropped yet again nationwide, down 0.7% for most properties, with three major metros—namely, Austin, Texas; ...
U.S. Tappable Equity Reaches Record $11 Trillion
Rising interest rates might be sidelining would-be homebuyers, but the ongoing shortage of inventory on the market is keeping home ...
Foreclosure Starts Decline Slightly in April, While Completions Rise
A total of 31,649 properties had foreclosure filings—default notices, scheduled auctions or bank repossessions—in April 2024, according to the latest ...
Housing Starts Rebound in April, Rising 5.7%
With the U.S. still experiencing a housing shortage due to construction halts from the COVID-19 pandemic, housing completions, and starts, ...
Why Homeowners Across the U.S. Are Acquiring Home Equity Loans
In a high price market like the one real estate has seen for the past few years, many homeowners have ...
Mortgage Rates Continue to Plague Homebuilder Confidence
As mortgage rates rose back above 7% in April, and remain high despite a recent decrease, homebuilders are pulling back ...
Report: The Best Time to Sell is in the First Half of the Year
While the market is still unsettled—especially in regards to the currently pending NAR settlement and the changes that will bring ...
More Than 90% of Metro Areas Recorded Home Price Increases in Q1 2024
The National Association of REALTORS® (NAR) recently released data showing that nearly every metro area it tracks—93%—posted year-over-year price increases ...
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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