With half of the 50 largest metros considered overvalued, millennials are priced out of the market as they approach their prime home-buying years.
Read More »30-Year Fixed Mortgage Rates Rise for Eighth Consecutive Week
The 30-year fixed mortgage rate increased again this week, marking the eighth consecutive week that these rates have seen a rise according to the latest Primary Mortgage Market ...
Read More »Inventory’s Low, So Why Aren’t More Homes Being Built?
The high cost of construction, labor shortages, and regulatory costs are just some of the factors that are keeping builders from making new homes, leading to a shortage ...
Read More »Mortgage Rates, Home Prices on the Upswing
On Tuesday, the Federal Housing Finance Agency released its latest FHFA Index, showing interest rates on conventional purchase-money mortgages on the rise between December 2017 and January 2018. ...
Read More »Demand for Homes Remains Upbeat Despite Headwinds
The demand for housing is on the rise despite headwinds like inventory shortage, increased mortgage rates, and volatile stock markets according to online brokerage firm Redfin, which released ...
Read More »Another Tough Home Buying Season on the Way?
Home prices continued their upward climb over the last 12 months, ending 2017 with a growth of 6.3 percent according to the December 2017 data on the S&P ...
Read More »The Cascading Effect of Wages on Home Affordability
The rise in jobs and wages reported by the bureau of labor statistics in late January is affecting the housing market in good ways and bad, according to ...
Read More »San Jose Home Values Touched $1.1M in 2017
Home prices hit a new peak at the end of 2017, marking 68 consecutive months of appreciation according to the latest Home Price Index (HPI) report for December ...
Read More »The Week Ahead: Spotlight on Home Sales and Prices
The week begins with the release of the New Home Sales Report for January 2018 by the U.S. Census Bureau on Monday at 10 a.m. EST. The report, ...
Read More »Home Price Growth Slowing in Several Markets
Since the 2008 financial crisis, predicting where the housing market is headed next has become a game with very high stakes indeed. Tracking the interactions between home prices, ...
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