ATTOM has released its Q3 2022 U.S. Home Affordability Report showing that median-priced single-family homes and condos remain less affordable in Q3 of 2022 compared to historical averages ...
Read More »Off-Season Shoppers Find More Options Amid Sparse Inventory
As the housing market tries to adapt to multiple external influences, the fall housing market is offering off-season shoppers more options this fall comparatively to 2021, as inventory ...
Read More »Experts: Buyers Will Return to Power in 2023
A new Zillow survey of 107 housing market experts and economists found one common thread where all respondents agreed: sellers will relinquish the recent control they have had ...
Read More »Mortgage Rates Inch Closer to 7% Mark
The last time mortgage rates hovered near the 7% range was two decades ago, as continued Fed actions to ease inflation have forced the fixed-rate mortgage to 20-year highs.
Read More »Housing Affordability Continues Rapid Annual Decline
First American Financial Corporation, a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today released ...
Read More »Volatile Mortgage Rates Cause More Than Stress
If one started looking for a home in July, that person has just endured the most volatile mortgage rate environment seen since 1987, when rates were trying to ...
Read More »Most Areas Report Declining Contract Activity
The Pending Home Sales Index (PHSI), which measures housing contract activity, again fell in August, the third month in a row and the ninth time it has fallen this ...
Read More »Pace of Refis Falls to 22-Year Low
Continued inflationary burdens, and mortgage rates hitting 14-year highs have driven down mortgage applications this week, as the Fed continues to raise rates to combat a volatile economy.
Read More »Midwest, East Coast Markets Weathering Industry Headwinds Best
Amid economic uncertainty and experts hinting toward a recession, housing markets in relatively affordable Midwest and East Coast metro areas are holding up better than anywhere else in ...
Read More »Hispanic Homeowners Account for Rise in Housing Growth
Hispanic homeownership has steadily grown for seven consecutive years, and it is predicted that Hispanic households will account for 70% of homeownership growth over the next 20 years. ...
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