New Construction Rebounds With 3.9% Jump in July
After a surprising decline in housing starts that perplexed pundits earlier in the summer, new construction ticked up last month, ...
Tag: Housing Inventory
New Research Paper Tracks Homeownership Rates in California
On May 4, 2023, UC Berkeley’s Terner Center for Housing Innovation published the research paper titled, “The First Step Is ...
Builder Confidence Falls in August
Builder confidence fell in August as mortgage rates inched back up toward 7%, according to the latest National Association of ...
Mortgage Rates Rise for the Third Straight Week
Seeing a third-straight week of mortgage rate hikes, the 30-year fixed-rate mortgage (FRM) averaged 6.96% this week, up from last ...
Housing Inventory Remains Low in July
Despite the push for inventory growth, active listings slowed for the fourth month in a row in July, according to ...
Seller Shortage ‘Plateaus’ Ahead of ‘Unseasonable’ Fall Activity
For buyers’ agents wondering where all the listings are, or listing agents struggling to find clients, there is some potentially ...
New-Home Sales Reverse Course in June
After a big jump in May, new-home sales dropped 2.5% to a rate of 697,000, according to the latest data ...
Regional Spotlight: Mid-Atlantic Buyers Paying More for Fewer Choices
Across the Mid-Atlantic, markets are suffering from low inventory, prompting prices to rise and buyers to have to dish out ...
Home Sales Up in June, Report Finds
RE/MAX has posted its National Housing Report for June 2023. The report—with new installments released monthly—tracks national changes in the ...
New Constructions Tumble, Surprising Analysts
One month after the biggest surge in housing starts in the last couple years, new constructions fell sharply, disappointing analysts ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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