Demand for mortgages surges as inventory situation improves
Housing demand is strong heading into the fall, despite fast-rising home prices and low inventory. Continue reading
Housing demand is strong heading into the fall, despite fast-rising home prices and low inventory. Continue reading
Privately owned housing starts beat expectations in August while single-family starts declined by nearly 3 percent, according to data issued Tuesday by the US Census Bureau. Continue reading
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
Another year of home price growth has pushed some metros to extremes, including Miami, where income growth hasn’t been able to keep up, according to new data from OJO Labs. Continue reading
Price growth is likely to slow down next year, and a correction may await on a more distant horizon, but 2022 should nevertheless be a good year for home sales. Tune into Inman’s Deep Dive on Keller Williams all week long. Continue reading
Total existing-home sales in July 2021 rose 2 percent on a seasonally adjusted annual basis from June to a rate of 5.99 million, according to the National Association of Realtors. Continue reading
Competition eased throughout the nation for Redfin agents, who reported only 60 percent of their offers were part of a bidding war in July. Continue reading
The median existing single-family home price rose 22.9 percent year over year during the second quarter of 2021, according to NAR. Continue reading
After five consecutive months of record home prices, the market appears to be plateauing according to several key indicators. Continue reading
California Association of Realtors blames lack of supply for “terrible consequences” on quality of life for potential buyers. Continue reading