Tag Archives: home prices

After 3 months of improvement, homebuyer sentiment declines

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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

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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 →

There are 1.25 million fewer million-dollar homes in America in 2023

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The share of $1 million homes in the U.S. dropped from a high of 8.6 percent in June 2022 to approximately 7 percent in January, due in part to higher mortgage rates that have cut into homebuyer purchasing power. Continue reading →

‘Modest’ recession could put a lid on 2023 home sales: Fannie Mae

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Economic downturn could put a damper on a promising start to the spring homebuying season, but set the stage for mortgage rates to ease and for home sales to rebound in 2024. Continue reading →

Point’s Eddie Lim on the ‘vintage’ days ahead for proptech investors

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Investors eye 2023 and 2024 as prime opportunities amid a market still finding its footing, Point co-founder Eddie Lim tells Intel. Continue reading →

Price growth slowdown continued in December as mortgage rates peaked

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Home price growth fell 0.4 percent between November and December, while year-over-year single-family price growth dropped to 6.9 percent, according to new data released Tuesday by CoreLogic. Continue reading →

Mapping out 253 cities with quarterly declines in home value

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Where are home prices falling? Let’s map out the 253 cities that saw quarterly declines in the final three months of 2022. But there are indications that this isn’t a repeat of the 2008 crash. Continue reading →

US home prices slip for fifth month as market bottom comes into view

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The Case-Schiller index posted a 7.7 percent annual gain in home prices — down from a 9.2 percent gain in October — while the FHFA index showed a 0.1 percent decline in prices between October and November. Continue reading →

Homebuyer demand for mortgages up for second week in a row

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Purchase loan requests rise 3 percent week over week as mortgage rates ease but remain down 39 percent from the same time a year ago. Continue reading →

Agree to disagree: 11 real estate leaders dust off crystal ball for 2023

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The market isn’t done falling but could soon stabilize, according to a survey of real estate executives and economists conducted by Point. Continue reading →