CoreLogic: Rising Home Equity Has Given U.S. Homeowners a ‘Solid Financial Cushion’
The average U.S. mortgage borrower saw their home equity increase by about $24,000 year over year in the fourth quarter - a historic high...
Strong Jobs Report in February Unlikely to Deter Fed Rate Cut
Roughly 275,000 jobs were added to the U.S. economy in February, but an increase in job losses resulted in the unemployment rate rising to...
CoreLogic: Home Prices Increased in January But Growth is Expected to Slow in 2024
U.S. home prices increased 0.1% in January compared with December and were up 5.8% compared with January 2023, according to CoreLogic’s home price index.
However,...
MBA: Homebuyer Affordability Decreased in January as Home Prices Continued to Rise
Homebuyer affordability eroded in January, as home prices increased and offset the decline in mortgage rates that came during the month.
According to the Mortgage...
Redfin: New Listings Surged 13 Percent During February
More homeowners listed their homes this week compared with last week, resulting in a corresponding increase in inventory, according to Redfin.
The firm’s data show...
Pending Home Sales Decreased in January as Mortgage Rates Went Back on the Rise
Pending home sales fell 4.9% in January compared with December and were down 8.8% compared with January 2023, according to the National Association of...
FHFA: U.S. Home Prices Increased 6.5 Percent Over the Last Year
U.S. home prices increased 1.5% in the fourth quarter compared with the third quarter and were up 6.5% compared with the fourth quarter of...
Case-Shiller: Home Prices Continued to Rise Steadily in December
U.S. home prices increased 0.2% on an adjusted basis in December compared with November and were up 5.5% compared with December 2022, as the...
New Home Sales Increased in January as Economic Data Improved
New home sales in January were at a seasonally adjusted annual rate of 661,000, an increase of 1.5% compared with December and an increase...
NAR: Existing-Home Sales Increased 3.1 Percent in January as Inventory Increased
Existing-home sales increased in January, rising 3.1% compared with December but down 1.7% compared with January 2023, according to the National Association of Realtors...
First American: Annual Home Price Growth May Have Peaked in December
U.S. home prices increased 0.3% in December compared with November and were up 7.2% compared with December 2022, according to First American’s home price...
Redfin: Housing Market Lost Some Steam in January
The housing market slowed down in January as mortgage rates went back on the rise mid-month and home prices increased more rapidly, according to...
Housing Starts Fell Nearly 15 Percent in January as Mortgage Rates Went Back on...
Housing starts tumbled in January, falling 14.8% compared with December to reach a seasonally adjusted annual rate of 1.331 million, according to estimates from...
NAHB: Homebuilder Confidence Increased for Third Straight Month in January
Homebuilder confidence continued to increase in January, rising four points to a score of 48 on the National Association of Home Builders (NAHB)/Wells Fargo...
NAR: Home Affordability Improved Slightly in Q4 Due to Lower Mortgage Rates
Housing affordability marginally improved in the fourth quarter on the back of declining mortgage rates, according to the National Association of Realtors (NAR).
However, lack...
Mortgage Credit Increased in January But Lenders Continue to Pull Back
Mortgage credit availability increased in January, rising to a score of 92.7 on the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index (MCAI).
That’s an...
Fannie Mae: Consumers Had Brighter Outlook on Mortgage Rates and Employment in January
Consumer sentiment toward the housing market improved significantly in January, rising to a score of 70.7 on Fannie Mae’s Home Purchase Sentiment Index (HPSI).
That’s...
Redfin: More Homebuyers Chose Where to Live Based on Politics and Local Laws in...
Local laws and politics have become an increasingly important factor for homebuyers moving to a new location, a recent survey conducted for Redfin shows.
The...
CoreLogic: Hot Job Market Helping to Keep Home Prices Elevated
U.S. home prices continued to rise in December, but the rate of appreciation continued to slow.
Prices increased just 0.1%, on average, compared with November,...
ICE: Home Affordability Gradually Improving as Rates Fall, Inventory Increases
Home affordability improved slightly in December, due mainly to lower mortgage rates, stabilizing home prices and increased inventory.
According to ICE Mortgage Technology’s Mortgage Monitor...