Home Equity Drops for First Time Since 2012
CoreLogic’s Homeowner Equity Report for the first quarter of 2023 shows that U.S. homeowners with mortgages (roughly 63% of all properties) saw home equity...
CoreLogic: Single-Digit Home Price Gains Persist
According to the CoreLogic Home Price Index (HPI) and HPI Forecast for April 2023, single-family home price growth nationwide rose by 2% year over...
BofA Institute: Moving Within U.S. Still on Par with Pandemic Trends
Bank of America Institute recently released an analysis that finds net flows of domestic migration (people moving within the United States) continue to follow...
U.S. Economy Added 339K Jobs in May But Unemployment Rate Increased to 3.7 Percent
The U.S. economy added 339,000 jobs in May - above expectations - while the unemployment rate increased to 3.7%, according to the U.S. Bureau...
Zillow: A Majority Support Local Homebuilding to Ease Affordability
According to new research from Zillow, a growing majority of adults support adding more homes to their neighborhoods in response to the housing affordability...
Redfin: Out-of-Town Moves Down Less than In-Town
Redfin reports that the number of Redfin.com users looking to move to a different part of the country is down 6% from a year...
Percentage of Homesellers Offering Concessions to Buyers Rises
According to a new report from Redfin, home sellers gave concessions to buyers in 42.9% of U.S. home sales during the three months ending...
Pending Home Sales Were Flat in April as Limited Inventory Continued to Halt Deals
Pending home sales were flat in April compared with March but were down 20.3% compared with April 2022, according to the National Association of...
Redfin Shows Home-Price Growth Trends Localized Since Pandemic
According to a new Redfin report, the pandemic housing market era has made home price-growth trends more local in the last year than they...
MBA: Applications for New Home Purchases Dropped 11 Percent in April
Applications for mortgages for new home purchases dropped 11% in April compared with March but were up 4.1% compared with a year ago, according...
Home-Sale Price Declines Slow in High Rate, Low Inventory Climate
According to a new report from Redfin, the median U.S. home-sale price fell 2.7% during the four weeks ending May 14, the smallest decline...
Existing-Home Sales Fell in April as Lack of Inventory Persists
Existing-home sales decreased 3.4% in April compared with March, as higher mortgage rates, high home prices and lack of inventory persisted, according to the...
Housing Starts Up Slightly in April as Builder Sentiment Improves
Housing starts increased slightly in April, bringing a glimmer of hope for the ongoing inventory problem, but remained down significantly from a year ago...
Lack of Inventory and Higher Mortgage Rates Still Affecting Home Sales
According to a report from Redfin, limited inventory and elevated mortgage rates continue to suppress U.S. home sales during the typically busy spring homebuying...
NAR: Majority of Metros Still Yielding Home-Price Gains
According to the National Association of Realtors’ latest quarterly report, nearly seven out of 10 metro markets registered home price gains in the first...
B of A Survey Finds Current Market Conditions Are Not a Huge Deterrent for...
According to Bank of America's new 2023 Homebuyer Insights Report, many hopeful homebuyers - especially those in their 40s and younger - are forging...
Unemployment Fell to 3.4 Percent in April as U.S. Economy Added 253,000 Jobs
The U.S. economy added 253,000 jobs in April, above expectations, while the unemployment rate dipped to 3.4%, according to the U.S. Bureau of Labor...
ATTOM Finds ‘Elevated Levels of Wealth’ in Home Equity
ATTOM’s first-quarter 2023 U.S. Home Equity & Underwater Report shows that 47.2 percent of mortgaged residential properties in the United States were considered equity-rich...
Realtor.com: Listing Prices Rise a Bit, But Growth is Decelerating
The Realtor.com Monthly Housing Trends Report for April shows that while listing prices were up slightly (+2.5%), annual listing price growth has decelerated for...
CoreLogic: Home Price Growth Dropped to 3.1 Percent Year over Year in March
The CoreLogic Home Price Index for March 2023 shows that U.S. home price growth fell to 3.1%, the lowest rate of appreciation since the...