Report: Home Affordability Gets Tougher in Q2 as Prices Rise
A new report from ATTOM, released July 3, shows that median-priced single-family homes and condos remained less affordable in the ...
Tag: Housing Market
Consumer Sentiment Continues to Waver in June
Consumer sentiment continued to waver in June, as economic signs gave little hope for inflation relief in the near future. ...
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 ...
Mortgage Rates Dip for Fourth Week Straight, Hit Lowest Level in 3 Months
The averaged 30-year-fixed-mortgage rate stepped down for the fourth-straight week, dipping to 6.68% from 6.87% last week and marking its ...
New Home Sales Plummet in May
As mortgage rates remained elevated, tipping over the 7% mark last month, sales of new homes fell significantly in May, ...
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 ...
Economic Index Fell Again in May; Year-Over-Year Growth Looking Up
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in ...
Housing Starts at 4-Year Low; High Construction Costs and Mortgage Rates Blamed
Construction of new U.S. homes fell 5.5% in May, dropping to the lowest level since 2020, according to data released ...
Homebuilder Confidence Hits Lowest Reading Since December 2023
With mortgage rates remaining high, little change in inflation and the Fed still not making any decisions when it comes ...
Mortgage Rates Continue to Move Down
On the heels of the Fed standing firm on keeping its benchmark rate unchanged, mortgage rates trickled down again this ...
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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