Shelter Costs Drive Inflation Higher Than Expected in January
January Consumer Price Index data show inflation increased more than anticipated as shelter costs continue to rise despite Federal Reserve policy tightening
Weighing the Effects of the Fed's and Treasury's Latest Announcements
The upshot of the Jan. 31 announcements is that while mortgage rates will stay higher for longer, they're likely to hold steady
NAHB CEO Tobin Says 'Housing Renaissance' on the Horizon
Responding to positive housing-related data such as falling mortgage rates and increased homebuyer activity, NAHB's CEO Jim Tobin is optimistic
Are Fed Rate Hikes a Thing of the Past?
The Federal Reserve held rates steady again in December and forecasts three rate cuts in 2024
What's in Store for the National Housing Market in 2024
According to the 2024 National Housing Market Outlook report released on Wednesday by Bright MLS, affordability will remain the biggest challenge
October Saw New-Home Sales Fall More Than Expected
Despite being buoyed by a persistent shortage of previously owned properties on the market, high mortgage rates and reduced affordability saw sales of new U.S. single-family homes fall during October
Coronavirus Resources and Information
As the Housing Market Booms, Millions of Americans Miss Mortgage Payments
Mortgage delinquency rates are higher now than anytime in the past 20 years, including the Great Recession. It is predicted that 2 million…
Coronavirus Resources and Information
Will Expiring Eviction Moratoriums Spur a Housing Crisis?
While federal and local eviction moratoriums are protecting many from eviction, there remains a large number of renters who have been unable to…
Market Data + Trends
August Home Price Growth Rate Sees 2-Year High
The top 20 cities in the US all experienced greater home price increases in August compared to July, according to the S&P CoreLogic Case-…
Economics
What Comes After Real Estate’s Surprise 2020 Boom?
Zillow projects that home sales will peak this fall and taper off through next year. Then what?
The pandemic has changed the way consumers…
Economics
If Rates Are Low Why Are Home Prices Rising?
Homebuyers counting on a coronavirus discount never saw one as selling prices rose by double-digit rates.
The combination of what…
Economics
Mortgage Rates Hit New Bottom for 10th Time
For the 10th time this year, mortgage rates dropped to record lows. When will it stop? That’s up to the economy’s recovery, says Realtor.com. The…
Demographics
The Factors Influencing Where Millennials Move
As the Millennial generation begins to age out of its young-adult titles, more Millenials are looking to become homeowners. Yet, there are factors…
Financials
Redfin: Home Prices See Largest Year-Over-Year Increase Ever
Home prices experienced the largest growth since September 2005 during the four-week period ending October 4. The median home sale price hit $320,…
Market Data + Trends
Bad Time to Buy? Increasing Number of Buyers Think So
As home prices continue climbing, the number of confident buyers dwindles. According to a new survey from Fannie Mae, the number of buyers who…
Coronavirus Resources and Information
Mortgage Rates Dip Again, Fueling More Loan Refinancing
Mortgage rates dropped once again last week, but it caused more homeowners to apply for refinancing rather than new homebuyers jumping into the…