Tag Archives: Markets & Economy

Rising home prices may be crimping demand for purchase mortgages

By Matt Carter | June 30, 2021 - 4:58 pm |June 30, 2021 Uncategorized

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Demand for purchase mortgages fell last week to the lowest level since May 2020, which could be a sign first-time homebuyers are getting squeezed out of the market. Continue reading →

After April slump, pending-home sales rise 8% in May

By Veronika Bondarenko | June 30, 2021 - 2:39 pm |June 30, 2021 Uncategorized

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Pending-home sales are once again on the increase, according to new data from the National Association of Realtors. Continue reading →

After year of lower rent, landlords steer back to pre-pandemic prices

By Daniel Houston | June 29, 2021 - 4:36 pm |June 29, 2021 Uncategorized

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Rents nationwide have recovered fully from their pandemic-induced declines, according to a new report from Apartment List. Continue reading →

Home price growth hits new record in April: FHFA

By Lillian Dickerson | June 29, 2021 - 2:35 pm |June 29, 2021 Uncategorized

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Home prices rose 1.8 percent in April and 15.7 percent year over year. Both figures represent record growth for the House Price Index. Continue reading →

‘Truly extraordinary’ home price gains highest since 2005: Study

By Veronika Bondarenko | June 29, 2021 - 2:07 pm |June 29, 2021 Uncategorized

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April’s gains mark the 11th consecutive month of price increases, according to the latest S&P/Case-Shiller U.S. National Home Price Index released Tuesday. Continue reading →

Lenders granted some leeway to initiate foreclosures

By Matt Carter | June 29, 2021 - 1:11 pm |June 29, 2021 Uncategorized

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Mortgage lenders will soon be able to initiate foreclosure proceedings against homeowners who are 120 days behind on their mortgage payments. Continue reading →

Why home prices aren’t actually as high as they appear

By Matthew Gardner | June 29, 2021 - 9:00 am |June 29, 2021 Uncategorized

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Windermere Chief Economist Matthew Gardner dives deeper into the topics of inflation and home values, explaining why, contrary to popular opinion, inflation-adjusted house prices really haven’t skyrocketed. Continue reading →

Why Americans shouldn’t give up on homeownership

By Libertina Brandt | June 28, 2021 - 11:12 pm |June 28, 2021 Uncategorized

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Chief economists Ralph McLaughlin and Ali Wolf spoke to Inman about the monetary and non-monetary benefits of homeownership. Continue reading →

IBuyers are entering the previously untouched Northeast market: Mike DelPrete

By Mike DelPrete | June 28, 2021 - 4:25 pm |June 28, 2021 Uncategorized

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Billion-dollar disruptors are coming to the Northeast market, featuring new models like instant offers, cash offers and buy-before-you-sell programs. Are agents and brokers ready? Continue reading →

Home sales off instant cash offers grow 20% in first quarter: Redfin

By Daniel Houston | June 25, 2021 - 4:52 pm |June 25, 2021 Uncategorized

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Purchases by iBuyers rose 20% in the first quarter of 2021, but remained down year over year, according to a Redfin analysis. Continue reading →