Inventory shortage sends home prices soaring at record rate
Black Knight’s latest Mortgage Monitor Report recorded “the highest annual home price growth rate we’ve ever seen” in records going back nearly 30 years. Continue reading
Black Knight’s latest Mortgage Monitor Report recorded “the highest annual home price growth rate we’ve ever seen” in records going back nearly 30 years. Continue reading
The number of sales involving higher-end homes rose by 26 percent year over year, outpacing the less expensive end of the market. Continue reading
Home prices continue to soar all over the United States, seeing double-digit annual growth for the third month in a row. Continue reading
National home prices were up 14.8 percent from a year ago, “wiping out any affordability boost” from rising household income and low mortgage rates, said First American Chief Economist Mark Fleming. Continue reading
Lawrence Yun, chief economist for NAR, reports that the GDP is back to its pre-pandemic peak, consumers are ready to spend their stimulus checks and single-family housing starts are ramping up. Continue reading
Amid widespread annual home price growth, 89 percent of all metro areas saw double-digit price gains, according to the National Association of Realtor’s First Quarter Metro Home Prices report. Continue reading
Homeseller profits were up from last year, but dipped slightly from the fourth quarter in the first quarter of 2021, according to ATTOM Data Solutions. Continue reading
The U.S. homeownership rate remained statistically unchanged in the first quarter of 2021, despite the recent increase in housing market activity. Continue reading
Home prices continue to surge, hitting double digit increases for the third consecutive month, according to the latest Case-Shiller report. Continue reading
The housing inventory crisis continues to block many potential homebuyers out of the market, but new Zillow data shows that could be about to change. Continue reading