Report: Home Prices Decelerate but Show Year-Over-Year Gain
Data released Jan. 30 showed 12 out of the 20 major metro markets reported month-over-month home price decreases. The S&P ...
Tag: Housing Market
Home-Selling Profits Dropped in 2023 for the First Time Since the Great Recession
During 2023, national homesellers made a $121,000 profit on the typical sale, leading to a 56.5% return on investment, according ...
New-Home Loan Applications Jumped; Housing Starts Have Solid Showing in December
New construction is having its time in the sun. Applications for new-home purchases jumped 22.2% in December 2023 compared to ...
Inflation Numbers Show Progress; Lower Mortgage Rates Possible Soon
The personal consumer expenditures (PCE) price index, the Federal Reserve’s preferred measure of inflation, increased 0.2% in December, according to ...
Pending Home Sales See Biggest Increase Since 2020
Pending home sales rose 8.3% in December, the largest jump seen since June 2020’s 14.9% increase, according to the latest ...
5 States That Incentivize People to Relocate There
You might think that the five states people are moving away from the most would be the ones trying the ...
New Home Sales Bounced Back in December
New home sales reversed course in December after a two-month downward slide, thanks to falling interest rates in the closing ...
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage (FRM) increased slightly this week, from last week’s average of 6.6% to an average of 6.69% ...
3 Things To Tell Clients Who Are Worried About Mortgages
Mortgage rates never fell below 6% in 2023 and you probably didn’t even have to follow the news to notice; ...
November Sees Annual Rent Growth Maintain a Level Below 3%
This past November, single-family rent growth increased 2.7% year-over-year, as stated in a new report from CoreLogic. According to CoreLogic’s ...
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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