Homebuyer mortgage demand falls to lowest level since 1995
As mortgage rates hit new post-pandemic highs on inflation worries, MBA survey finds purchase loan demand down 5% week over week and 30% from a year ago
by Matt Carter Aug 23
US existing-home sales prices tally new record after topping $400K
Total sales of existing homes, condos and co-ops dropped 3.4% between April and May to a seasonally adjusted rate of 5.4M, according to new data from the National Association of Realtors
by Ben Verde Jun 21
Existing-home sales tally surprise January surge as inventory shrinks
Sales of existing homes rose to a seasonally adjusted rate of 6.5M, an increase of 6.5% from December, according to sales data for January from the National Association of Realtors
by Ben Verde Feb 18
Eviction and foreclosure bans end
Economists and housing experts share what could unfold for homeowners, renters and the economy now that the CDC's eviction and foreclosure moratorium is over
by Marian McPherson Jul 31
Existing-home sales rise for the second straight month
The best sales activity since November, but still below numbers from this time last year, according to NAR report
by Patrick Kearns Apr 23
Strong jobs report offers glimmer of hope for inventory relief
Residential construction adds 30,000 jobs in December
by Marian McPherson Jan 5
November jobs report may offer silver lining for inventory crisis
Residential construction added 4,000 new jobs
by Marian McPherson Dec 8
Homeownership rate modestly inches forward
Housing supply deficit suppressing bigger gains
by Marian McPherson Oct 31
The Great Rift Valley, Tanzania
The model suggests that homebuyers at many income levels will be restricted by low inventory in their price ranges
by Gill South Feb 20