Metros Where Housing Prices Have Doubled in Less Than 10 Years
Historical data show it's taken less than 10 years for home prices to double in 68 of the country’s 100 largest cities
Even With Inflation Running Hot and Elevated Mortgage Rates, Buyer Demand Rises
Mortgage rates will likely stay high for the next few months, but that doesn't seem to be deterring homebuyers
Q1 2024 Foreclosure Activity Rises Slightly
Data show New York, Houston, and Chicago topping the list of major metros with the greatest number of foreclosure starts during Q1 2024
More Listings, Lower Rates This Week
The market perks up with a recent influx of fresh housing listings, and the week ending March 28 sees a dip in mortgage rates
Mortgage Rates Set to Remain Higher for Longer
After the Fed's announcement on Wednesday that it is holding interest rates steady, homebuyers hoping for lower mortgage rates will have to keep waiting
As Mortgage Rates Dip, Homeowners With High Rates Move to Refinance
A decrease in rates last week prompted a rise in refinancing by homeowners who obtained their mortgages at near-peak rates
Financing
Is This the End of Low Mortgage Rates?
For the first time in seven months, the rate for a 15-year fixed mortgage increased. The average contract interest rate for a 30-year fixed-rate…
Affordability
How Biden Plans to Address Housing Affordability
Joe Biden has big plans for the housing market, and especially for housing affordability. CNBC says Biden’s housing plan could relieve buyers by…
Economics
Why Did Mortgage Rates Rise Last Week?
The recent uptick in mortgage rates come as a result of the senate runoff elections in Georgia last week, says Zillow. The close race in Georgia…
Financing
Mortgage Rates Creep Up, Send Homeowners Running to Refinance
Homeowners who have been hesitant to refinance their mortgages are now running as mortgage rates creeped up last week. Going from 2.86% to 2.88%…
High-Performance Homes
Jim Nostedt on How High Performance Can Beat Code-Built Homes on Price
SEEFAR's Jim Nostedt shares how an appraisal/analysis called Total Cost of Building Ownership reveals the true cost of building and operating a sustainable building
Financing
A Year in Record-Breaking Mortgage Rates
While the overall economy was sent into a tailspin, both the housing and mortgage industries flourished in 2020, thanks to the swift response from…
Financing
Cash is No Longer King in Today’s Housing Market
The sound of an all-cash offer once enticed sellers much more than it does today, all thanks to low mortgage rates and low inventory. “All cash”…
Financing
Mortgage Refinancing Up 105% Annually as Rates Remain Below 3%
For the 15th time this year, mortgage rates have broken a record and buyers seem to be unfazed. Mortgage rates dropped from 2.90% to 2.85% last…
Government + Policy
How Could Biden's Proposed First-Time Buyer Credit Affect the Market?
President-elect Joe Biden’s proposed tax credit for first time homebuyers aims to assist with an initial down payment, but brings with it the…
Market Data + Trends
What an Increase in All-Cash Sales Says About These Markets
More buyers are putting in all-cash offers, especially among high-end homebuyers, says CNBC. While the rise of overall all-cash sales are not…
