New Home Sales Surged 7.9% in January
New home sales in January were at a seasonally adjusted annual rate of 764,000, an increase of 7.9% compared with 708,000 December 2019 and...
Case-Shiller: Home Prices Continued to Climb in December
U.S. home prices increased 0.5% on an adjusted basis in December compared with November and were up 3.8% compared with December 2018, according to...
HUD Report: Rent Payment Data Key to Reducing ‘Credit Invisible’ Population
If the rent payments of U.S. Department of Housing and Urban Development (HUD)-assisted families are reported to the credit reporting agencies, many of these...
Home Value Growth Continues to Slow Down
U.S. home values grew 3.8% year-over-year to $245,193, according to the January Zillow Real Estate Market Report. Annual home value appreciation has slowed in...
The Up-and-Down of Existing-Home Sales Continues
According to the National Association of Realtors, existing-home sales declined in January, continuing a fluctuating pattern of monthly increases and declines.
Significant declines in the...
Housing Starts Continued to Trend Higher in January
Housing starts continued to climb year-over-year in January, reaching a seasonally adjusted annual rate of 1.567 million, according to estimates from the U.S. Census...
Fannie Mae: Housing Likely to Stay on ‘Firm Growth Track’
New forecasts from Fannie Mae’s Economic and Strategic Research (ESR) Group suggest that low mortgage rates and strong demand will help grow residential fixed...
MBA: Applications for New Home Purchases Jumped 40% in January
Applications for mortgages for new home purchases jumped a whopping 40% in January compared with December and were up 35.3% compared with January 2019,...
Freddie Mac: Baby Boomers Don’t Want to Budge
Freddie Mac’s recent “Profile of Today’s Renter and Owner” report shows that while vast majorities of renters and owners believe their current living situation...
‘Build It and They Will Buy It:’ Economy Added 225K Jobs in January
The U.S. economy added about 225,000 new jobs in January compared with December, while the unemployment rate was little changed at 3.6%, according to...
Consumer Sentiment: Bullish on Home-Buying
Fannie Mae’s Home Purchase Sentiment Index (HPSI) increased 1.3 points in January, to reach 93.0: the third consecutive month that saw an increase, and...
For-Sale Housing Inventory Sinks Like a Stone
According to realtor.com’s January Monthly Housing Trends Report, national housing inventory declined 13.6% in January, representing the steepest year-over-year decrease in more than four...
Zillow: A Bit Less of a Frenzy for Home Purchases
According to a new analysis from Zillow, as the housing market returned to normal after years of intense bidding wars in many markets, the...
Homeowner Equity Remains in Very Good Shape
ATTOM Data Solutions’ fourth-quarter 2019 U.S. Home Equity & Underwater Report shows that 14.5 million residential properties in the U.S. were considered equity-rich, meaning...
Increased Buying Power Puts Pressure on Home Prices
The December 2019 Mortgage Monitor Report from Black Knight Inc. suggests that low interest rates in late 2019 helped accelerate home-price growth while also...
Pending Home Sales Fell in December But Are Expected to Rebound
After increasing slightly in November, pending home sales fell 4.9% in December, dropping to a score of 103.2 on the National Association of Realtors’...
Report Shows Pent-Up Demand Ready to Break Loose
A new report from Redfin suggest that the U.S. housing market is off to a strong start in 2020, as a deepening shortage of...
NAR: Purchasing vs. Renting Is Still Imbalanced, but Improving
The National Association of Realtors (NAR) quarterly “Rent vs. Buy” report says that after years of skyrocketing home prices, the combination of rising rents,...
New Home Sales Dipped in December But Were Still Up 23% Year Over Year
New home sales in December were at a seasonally adjusted annual rate of 694,000, down 0.4% compared with a revised 697,000 in November but...
Fannie Mae: Housing will be a Significant Contributor to Economic Growth in 2020
Fannie Mae is forecasting that the U.S. economy will grow by 2.1% in 2020 - with housing helping to propel much of that growth.
What's...