The Fannie Mae Home Purchase Sentiment Index (HPSI) remained comparatively flat in May —decreasing by only 0.3 points— but inching nearer its 10-year- and pandemic-low of 63.0 from ...
Read More »Industry Mourns the Death of Dr. Frank Nothaft
Longtime analyst and economist passes away suddenly, having dedicated 40-plus years to the industry.
Read More »Cause and Effect: Title Insurance Premiums
Reverberations and repercussions from the pandemic continue to move through the real estate market. The latest news of such comes from American Land Title Association (ALTA) who found ...
Read More »More Homeowners Looking to Remodel to Boost Value
A new survey from Regions Bank has found that more are willing to invest in upgrading their current residence and tap into their equity over finding a new home or selling.
Read More »Is This the Beginning of a Buyer’s Market?
Homebuyers are beginning to take back the wheel from homesellers, who have mostly prevailed over the last two years, as Redfin reports that more sellers are dropping the ...
Read More »MBA Sees New Mortgage Payments Rise
As stated in Issac Newton’s Third Law, For every action, there is an equal and opposite reaction. While Newton’s laws were meant to be applied to the world ...
Read More »30-Year FRM Reaches Nearly 5.5%
A combination of continued high mortgage rates, an increase in inventory, and a dwindling pool of homebuyers are slowly bringing the nation’s housing market back to normalcy.
Read More »Owners See Wisdom in Renovating Existing Properties
Still hot as ever, the housing market is continuing to find new highs in 2022 but consumers now overwhelmingly agree that the time is right to mold the ...
Read More »Mortgage App Volume Falls to Four-Year Low
With rates still above the 5% mark, mortgage application volume fell for the fourth time in five weeks, hitting a low last seen in December of 2018.
Read More »In a Post-Pandemic Housing Market, Opportunity Knocks—Downtown
In many ways, the COVID-19 pandemic is largely behind us. Even so, ripples from early in the pandemic are still affecting the market today. According to a new ...
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