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Economics

If Time Really Was Money, Homes are 50% Cheaper Than in 1980

Could housing be more affordable today than 40 years ago when the median home price was $64,600? By analyzing affordability through the lens of “…

Financials

More Than Half of Buyers Now Put Down 20% or More

Buyers hoping to distinguish themselves amongst a pool of bidders are increasingly putting down more cash and waiving inspection and appraisal…

Market Data + Trends

Has the Housing Market Reached its Peak?

The housing market remains incredibly competitive compared to pre-pandemic times, but buyers have begun to pull back, slightly cooling the market…

Financing

Some Buyers Fear the End of Low Mortgage Rates is Here

Both mortgage rates and applications to refinance a home loan increased slightly last week, reversing course of previous trends. Rates for 30-year…

Financials

Mortgage Rates Drop, But Not Enough to Boost Mortgage Applications

Mortgage application volume, refinancing applications, and mortgage rates took a hit last week compared to the previous week, reports CNBC.…

Economics

Buyers Pull Back on Mortgage Applications for Second Week

Despite lower mortgage rates, applications for a mortgage to purchase a home were lower than one year ago for the second consecutive week. High…

Market Data + Trends

New-Home Sales Take a Hit as Prices Rise

Increased building costs, lead times, and unstable supply chains are pushing home prices up and homebuyers out. New-home sales in April dropped 5.…

Market Data + Trends

A Quarter of Existing Homes Sold in April Went to All-Cash Buyers

A quarter of existing home sales in April were all cash, leaving first-time buyers with little leverage during the most competitive spring buying…

Financials

Mortgage Demand Pulls Back as Average Mortgage Passes $400,000

Higher home prices mean higher mortgages and buyers today are now applying for $411,400 mortgages on average, the highest since February. But a…

Market Data + Trends

Home Prices Increase in 89% of Markets During Quarter One

Home prices continue to rise across the country with 89% of markets posting price gains and the national median home price hitting $319,200.…

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