Annual Home Price Growth Increased in January
January saw the highest rate of appreciation expected for 2024, as year-over-year single-family home price gains reached 5.8%, according to ...
Tag: Housing Market
Experts Share Insights on the State of Black Homeownership
Minority homeownership—specifically the state of Black homeownership—has been an ever-present topic of conversation in the real estate sphere for years. ...
Survey Finds Seller Concessions Are Making a Comeback in Some Markets
A new Bright MLS survey of 450-plus agents indicated that seller concessions have increased in the Mid-Atlantic housing market. Those ...
United Mortgage Turns to Refinances to Fight Mortgage Market Challenges
United Wholesale Mortgage (UWM) continues to fight through the tides of the mortgage market. Despite some pitfalls in their Q4 ...
Mortgage Rates Continue to Edge Near 7%
The 30-year fixed-rate mortgage (FRM) increased slightly this week, from last week’s average of 6.9% to an average of 6.94% ...
Consumer Confidence Retreated in February
After hitting a two-year high last month, consumer confidence fell in February to 106.7, down from a revised 110.9 in ...
Case-Shiller: 5.5% Annual Home Price Gain in December, Following Similar November Increase
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.5% annual ...
Rent Prices Consistently Declining, Drop to Start the New Year
January saw median rents drop for the sixth straight month, with year-over-year prices down -0.3%, according to Realtor.com’s January 2024 ...
New-Home Sales Start 2024 Strong, Rising 1.5% in January
As the housing market correction continues to unfold in 2024, with inflation slowing and mortgage rates leveling out, new-home sales ...
Rocket Mortgage Focuses on AI as Earnings Continue to Grow
Rocket Companies stated that they are increasing their focus on technology and AI as they continue to thrive amidst mortgage ...
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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