Millennial Homeownership Surged in Q4
Millennials are making up a larger share of the U.S. homeowner market, and it's because they are buying homes, two recent reports show.
According to...
Case-Shiller: Home Price Appreciation Continued to Slow in December
Home prices continued to rise in December but at a much slower pace than in previous months.
On an adjusted basis, home prices increased 0.3%...
FHFA Q4 HPI Report Shows Home Price Appreciation Slowing
U.S. home prices increased 1.1% in the fourth quarter compared with the third quarter and were up 5.7% from the fourth quarter of 2017, according to...
Conditions (Mostly) Right For Strong Spring Home Buying Season
Should mortgage rates and home prices continue to moderate, and household incomes continue to rise, it is likely we will see a strong spring...
Housing Starts Tumbled 11.2% in December
Housing starts fell 11.2% in December compared with November to an adjusted annual rate of 1.078 million, according to the U.S. Census Bureau and U.S....
Existing-Home Sales Dipped in January, Despite Lower Mortgage Rates
Despite falling mortgage rates, existing-home sales dipped 1.2% in January relative to December to a seasonally adjusted annual rate of 4.94 million, according to...
First American Promotes Odeta Kushi to Deputy Chief Economist
Odeta Kushi has been promoted to deputy chief economist at First American Financial Corp.
Kushi, who is based in the company’s Washington D.C. office, previously...
More Americans Reported Higher Income in January
Consumer sentiment toward the housing market took a significant jump in January, as more Americans reported that their household income had increased, according to...
Home Price Appreciation at Slowest Pace Since 2012
U.S. home prices increased 0.1% in December compared with November and were up 4.7% compared with December 2017, according to CoreLogic’s home price index...
Trump Administration Pushing for GSE Reform
Housing finance reform may soon be back on the table in Congress, as Senate Banking Committee Chairman Mike Crapo (R-Idaho) on Friday released a rough...
Mortgage Lenders: Lack of Inventory Held Back Home Sales in 2018
Lack of inventory, high home prices and rising mortgage interest rates sapped home sales in 2018, according to a Fannie Mae’s fourth quarter Mortgage...
Strong January Jobs Report Bodes Well For Housing Market
Job growth accelerated in January as total non-farm payroll employment increased by 304,000 - far better than analysts’ projections - and the unemployment rate...
Pending Home Sales Fell Again in December
Pending home sales fell again in December to a score of 99.0 on the National Association of Realtors’ (NAR) Pending Home Sales Index.
That’s down...
Home Prices Increased in November, But Pace Slowed
U.S. home prices increased .04% on an adjusted basis in November compared with October and were up 5.2% compared with November 2017, according to...
Lack of Inventory Pushes ARM Share to Eight-Year High
Adjustable-rate mortgages (ARMs) represented 9.2% of all loans originated in December - an eight-year high - according to Ellie Mae’s monthly Origination Insight report.
A...
Existing-Home Sales Fell 6.4% in December
Existing-home sales were at a seasonally adjusted annual rate of about 4.99 million in December, down 6.4% compared with November and down 10.3% compared...
Veros: Expect Significant Softening of Home Prices in 2019
Home price appreciation will continue to slow in most markets through 2019, with more markets entering into negative territory, according to the latest VeroFORECAST from Veros Real...
Rising Mortgage Rates, Lack of Supply Push Homeowner Tenure to 18-Year High
Rising mortgage rates and lack of supply are boosting homeowner tenure - which is the number of years a homeowner lives in a home...
Property Data Firm ATTOM Data Solutions Acquired by Lovell Minnick Partners
Lovell Minnick Partners, a private equity firm specializing in financial and related business services companies, has acquired ATTOM Data Solutions, a provider of data...
Consumer Sentiment Toward Housing Market Dimmed in December
Consumer sentiment toward the housing market fell in December - down 2.7 points to a score of 83.5 on Fannie Mae’s Home Purchase Sentiment...