Rate Cuts Possible as Inflation Numbers Show Progress
Finally, inflation numbers open up the door for the Federal Reserve to potentially cut rates this September. The personal consumption ...
Tag: housing market data
Bright MLS Lowers Projections for Sales, Inventory as Affordability Stings Buyers
An expensive market has long been a pressing issue at the forefront of potential home purchases for young homebuyers, and ...
More Evidence, Less Anecdote
In the current uncertain environment, it is more important than ever that we as an industry communicate the critical role ...
Pending Home Sales Dropped 2.1% in May; Northeast and West Record Gains
Pending home sales in May slipped 2.1%, according to the National Association of REALTORS® (NAR). The Midwest and South posted ...
Home Prices Set Record High in April, But Slowing Down
The S&P CoreLogic Case-Shiller Index, a key measure of U.S. home prices, reached a new high in April. The rate ...
Harvard Report Shines Light on Affordability Crisis and ‘Alarming’ Rates of Housing Cost Burden
The Joint Center for Housing Studies (JCHS) of Harvard University recently released its annual “State of the Nation’s Housing,” and ...
Study: Sun Belt Homes Overvalued, With Texas an Outlier
Depending on one's perspective on heat, political preference and classic Southern hospitality, the Sun Belt states can be dream destinations, ...
CFPB’s Inquiry Into Mortgage ‘Junk Fees’ Earns Mixed Reaction From Lenders
Rising closing costs are adding to homebuyers’ affordability woes, putting their dream of homeownership even further out of reach. In ...
Homeowner Equity Spikes to All-Time High of $17 Trillion
In CoreLogic’s latest Homeowner Equity Report for the first quarter of 2024 released June 6, U.S. homeowners with mortgages (which ...
Report: Sellers Cutting Prices at Highest Rate Since 2022
Nationwide, 6.4% of homesellers cut their asking price during the four weeks ending May 26 on average, the highest share ...
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