Consumer Confidence in Housing Market Jumped in November
Consumer confidence in the housing market increased November, rising to a score 91.5 on Fannie Mae’s Home Purchase Sentiment Index (HPSI).
That’s an increase of...
Strong Jobs Report For November Quells Recession Fears
The U.S. economy added 266,000 new jobs in November while the unemployment rate was basically flat at a 50-year low of 3.5%, according to...
CoreLogic: Home Price Growth Set to Re-Accelerate
U.S. home prices increased 0.5% in October and were up 3.5% compared with November 2018, according to CoreLogic’s home price index.
Although that is a...
Constrained by Lack of Supply, Pending Home Sales Fell in October
Pending home sales dipped 1.7% in October compared with September but were up 4.4% compared with October 2018, according to National Association of Realtors...
New Home Sales Dipped in October But Remain Strong
New home sales were at a seasonally adjusted annual rate of 733,000 in October, down 0.7% compared with a revised 738,000 for September but...
Existing-Home Sales Increased in October
Existing-home sales were at a seasonally-adjusted annual rate of 5.46 million as of the end of October, an increase of 1.9% compared with September...
CoreLogic: Impact of Amazon’s HQ2 on D.C. Home Prices ‘Unclear at Best’
One of the challenges facing the housing market today is that home prices tend to skyrocket in the cities and counties where good-paying jobs...
Applications For New Home Purchases Jumped 9% in October
Applications for mortgages for new home purchases increased an impressive 9% in October compared with September and were up a whopping 31.5% compared with...
Housing Starts Jumped in October as Home Builders Ramped-Up Production
Home builders ramped-up production in October, as housing starts, building permits and housing completions all increased on a month-over-month and year-over-year basis.
Housing starts jumped...
Rising Home Prices Continued to Boost Home Equity Gains in Q3
As U.S. home prices continue to rise, the share of homeowners who are considered “equity rich” continues to climb, while the share who are...
Home Prices Continued to Climb in September, Raising Affordability Concerns
U.S. home prices increased 0.4% in September compared with August and were up 3.5% compared with September 2018, according to CoreLogic’s home price index...
Consumer Confidence in Housing Market Dipped in October
American consumers lost some confidence in the housing market in October, according to Fannie Mae’s Home Purchase Sentiment Index (HSPI), which fell 2.7 points to...
Low Mortgage Rates Helped Boost Homeownership Rate in Q3
The U.S. homeownership rate increased to 64.8% in the third quarter, up from 64.1% in the second quarter and up from 64.4% in the...
Home Prices Increased in August But the Slowdown Was Apparent
U.S. home prices increased 0.3% on an adjusted basis in August compared with July and were up 3.2% compared with August 2018, according to...
Freddie Mac: Housing Market Remains on Solid Ground
Despite the possibility of an economic slowdown, the housing market appears to be in good shape and mortgage originators should see increased volume in...
Unemployment Rate Up Slightly in October but Job Market Remains Strong
The U.S economy added a better-than-expected 128,000 jobs in October, although the unemployment rate increased slightly to 3.6%, according to the U.S. Bureau of...
Pending Home Sales Increased in September, Spurred by Lower Mortgage Rates
Pending home sales increased 1.5% in September to reach a score of 108.7 on the National Association of Realtors’ (NAR) Pending Home Sales Index.
Year-over-year,...
Ribbon Raises $330 Million in Equity and Debt Financing
Ribbon, which aims to bring speed, transparency and certainty to the home buying process, has raised $330 million in equity and debt financing to...
New Home Sales Dipped in September But Were Up Year-Over-Year
After increasing 7.1% in August, new home sales in September fell to a seasonally adjusted annual rate of 701,000, a decrease of 0.7% compared...
FHFA: U.S. Home Prices Increased 0.2% in August
U.S. home prices increased 0.2% in August compared with July and were up 4.6% compared with August 2018, according to the Federal Housing Finance...