Tag Archives: home prices

Home sales will cool off for the rest of this year and next: Fannie Mae

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Projected growth in new home sales wouldn’t offset expected drop in existing home sales, according to Fannie Mae’s latest monthly forecast. Continue reading →

Fewer homes sell in August than last year, a first since pandemic boom

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Home sales declined in August on a seasonally adjusted basis, settling in 6 percent lower than the same time last year. Continue reading →

Prices for home construction materials dip for first time in 2021

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Builders got a break in August from the price increases of previous months, but the unpredictable swings in costs remained unwelcome. Continue reading →

Homebuyer sentiment ticks up for the first time since March

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Most consumers continue to report that it’s a good time to sell a home — but a bad time to buy — and they frequently cite high prices and a lack of supply as their primary rationale. Continue reading →

America’s hottest neighborhoods: Milwaukee’s Northpoint community

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For higher-end buyers, this lakeside neighborhood boasts unparalleled access to both the shoreline and Milwaukee city life. Continue reading →

US home prices continued rapid climb in the second quarter: FHFA

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The second quarter of 2021 marked the 40th consecutive quarter of home price increases, according to the Federal Housing Finance Agency. Continue reading →

Why homebuyers aren’t taking advantage of drop in mortgage rates

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The historically low level of inventory for sale suggests that any rate-related increase in sales will be muted due to the inadequacy of listings needed to fulfill higher buyer demand. This softer sales response also suggests more upward pressure on pr… Continue reading →

Underwater homeowners gain breathing room as prices climb

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Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position. Continue reading →

Home prices show signs of leveling off for first time in months

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After five consecutive months of record home prices, the market appears to be plateauing according to several key indicators. Continue reading →