Tag Archives: home prices

Home prices have stopped falling. But is it a reversal or a blip?

By | | Uncategorized
Comments Off on Home prices have stopped falling. But is it a reversal or a blip?

Two widely cited home price measures confirm that the price drops halted in the early weeks of 2023. But downward pressure on prices remains. Continue reading →

Home sales will be ‘subdued’ for rest of 2023, Fannie Mae projects

By | | Uncategorized
Comments Off on Home sales will be ‘subdued’ for rest of 2023, Fannie Mae projects

The housing sector’s resilience to higher prices and mortgage rates has bolstered prices, but a lack of for-sale inventory is expected to limit sales, according to Fannie’s latest monthly forecast. Continue reading →

Buying a home is hard. For first-timers, it’s never been tougher

By | | Uncategorized
Comments Off on Buying a home is hard. For first-timers, it’s never been tougher

Homes in the lower tier of pricing are still 8 percent more expensive than at this time last year — and inventory has barely budged, according to a new analysis released Thursday by Zillow. Continue reading →

Median home price tallies largest annual drop in more than a decade

By | | Uncategorized
Comments Off on Median home price tallies largest annual drop in more than a decade

Pandemic-era boomtowns and tech hubs fueled an annualized 3.3 percent drop, to $400,528, according to new data. “There’s this fear that everything will crash,” reports one Redfin agent in Boise, Idaho. Continue reading →

The ‘Great Reshuffling’ is more complex than we realized

By | | Uncategorized
Comments Off on The ‘Great Reshuffling’ is more complex than we realized

The dust has begun to settle from the great pandemic home-price boom and bust. An Intel deep-dive analysis sheds light on which markets have been hit hardest by falling prices — and why. Continue reading →

Listing shortages kept prices from falling in Q1: Fannie Mae

By | | Uncategorized
Comments Off on Listing shortages kept prices from falling in Q1: Fannie Mae

The mortgage giant’s quarterly Home Price Index shows national home prices were up 1 percent during the first quarter of 2023 compared to the final three months of 2022. Continue reading →

Poll shows most Americans still think it’s a bad time to buy

By | | Uncategorized
Comments Off on Poll shows most Americans still think it’s a bad time to buy

Consumer sentiment ticked up slightly in March as confidence in selling conditions improved and fewer people worried about losing their jobs. Continue reading →

West Coast hit hardest as US home prices cool for 7th-straight month

By | | Uncategorized
Comments Off on West Coast hit hardest as US home prices cool for 7th-straight month

Nineteen cities out of 20 tracked by the S&P CoreLogic Case-Schiller Index posted monthly declines in January, with the biggest decreases seen in San Francisco, Seattle and San Diego. Continue reading →

After 3 months of improvement, homebuyer sentiment declines

By | | Uncategorized
Comments Off on After 3 months of improvement, homebuyer sentiment declines

Fannie Mae’s National Housing Survey shows Americans are feeling less secure about keeping their jobs, and nearly 8 in 10 think it’s a bad time to buy a home. Continue reading →

Home price growth slows for 9th consecutive month in January

By | | Uncategorized
Comments Off on Home price growth slows for 9th consecutive month in January

Annual home price growth dropped to 5.5 percent in the first month of 2023, but fell just 0.2 percent month over month, according to data released Tuesday as part of the CoreLogic Home Price Index. Continue reading →