NAR: Share of First-Time Home Buyers Drops to Record Low
Housing affordability and inventory challenges significantly impacted when, where and how consumers purchased homes, according to the National Association of Realtors' 2022 Profile of...
ATTOM: Nearly Half of Mortgaged Residential Assets Deemed Equity-Rich in Q3
ATTOM’s Q3 2022 U.S. Home Equity & Underwater Report shows that 48.5% of mortgaged residential properties in the United States were considered equity-rich in...
High Home Value Trend Slows Down, One-Fifth of Sellers Cut Prices
Weary homebuyers panicked by rising mortgage interest rates might be relieved to hear that this cruel twist comes with one big upside: lower home...
Case-Shiller: U.S. Home Prices Saw Largest Deceleration in Over Three Decades in August
U.S. home prices in August decreased 0.9% on an adjusted basis compared with July but were up 13% compared with August 2021, according to...
Florida Leads with Highest Price Gains in September
CoreLogic’s CoreLogic Home Price Index (HPI) and HPI Forecast show U.S. home price growth continued to relax on a year-over-year basis in September 2022,...
High Rates, Inflation Prompt Homebuyers to Migrate to More Affordable Places
Surging mortgage rates and persistently high home prices are motivating many of the buyers who remain in the market to relocate to more affordable...
Fannie Mae Delves into Housing Shortage from a Local Angle
Estimates of the number of missing homes vary widely, but one thing has become clear: While the housing supply shortage is a national problem,...
Housing Market on the Way to Rebalancing, Zillow Analysis Shows
The housing market is rebalancing after the most competitive and frenetic period in recent memory. While homes that sell are still doing so relatively...
Freddie Mac: Housing Market Continues to Slow Down
The current deceleration of the housing market given declining demand is likely to continue, Freddie Mac reports. In a new quarterly forecast, the company’s...
Existing-Home Sales Experienced Eighth Straight Month of Declines in September
Existing-home sales descended in September, the eighth month in a row of declines, according to the National Association of REALTORS. Three out of the...
Home Values Still High at 25 Percent Above Recent Norms
Housing affordability is the worst it has been in several years, and many buyers are pulling back, hoping relief is around the corner. A...
Housing Starts Dropped 8.1 Percent in September
Housing starts in September were at a seasonally adjusted annual rate of 1.439 million, a decrease of 8.1% compared with August and down 7.7%...
September Home Sales, Listings Down Significantly Year Over Year
Home sales and listings in September both slumped the most on record with the exception of the early months of the pandemic as rapidly...
Fannie Mae: Price Growth for Single-Family Homes Slowed Down in Third Quarter
Single-family home prices increased at a non-seasonally adjusted annual rate of 13.8% in Q3 2022, down from the previous quarter’s revised 19.1%, according to...
Mortgage Rates Reach Two-Decade High, Slowing Down Housing Market
Housing market activity is plunging further this fall than it did over the summer as mortgage rates near 7% and the topsy-turvy economy deters...
Slower Housing Market Expected to Continue with Modest 2023 Recession
The combination of high inflation, monetary policy tightening and a slowing housing market is still projected to tip the economy into a modest recession...
U.S. Economy Added 263K Jobs in September as Unemployment Rate Fell to 3.5 Percent
The U.S. economy added 263,000 jobs in September, just below consensus estimates, while the unemployment rate edged down to 3.5%, which is where it...
U.S. Home Prices Fell For Second Consecutive Month in August
U.S. home prices fell for a second consecutive month in August, but with high mortgage rates and tight inventory, home buyers are expected to...
HouseCanary: Tables Turned with Sellers Lowering Prices Compared to Last Year’s Market
HouseCanary Inc.’s latest Market Pulse report shows that there has been a continued housing inventory shortage throughout the year, driven most recently by recurring...
New Home Sales Increased in August Compared with July But Remain Down Year Over...
New home sales in August climbed to a seasonally adjusted annual rate of 685,000, an increase of 28.8% compared with July but down 0.1%...