Home sales and home prices have been improving for several weeks. Unfortunately, this period could be fleeting, because we had strong economic news last week. And ironically a really strong...
Continue ReadingHome sales and home prices have been improving for several weeks. Unfortunately, this period could be fleeting, because we had strong economic news last week. And ironically a really strong...
Continue ReadingThe rate of home sales is picking up, especially compared to last year at this time. The number of homes in contract across the country has risen for the last few weeks. Purchase mortgage...
Continue ReadingThe U.S. housing market has boomed for years, with economic growth and cheap mortgages driving massive homebuyer demand - and rising prices - for more than a decade.And for years, people...
Continue ReadingWhile inventory of unsold homes on the market in each of the two last years headed higher during September and October due to mortgage rate spikes, we’re seeing a more normal seasonal...
Continue ReadingThis week the available inventory of homes for sale inched down across the country. It was a lead up to the holiday weekend, so that’s not uncommon. But it is indicative that we’re roughly...
Continue ReadingUnsold inventory in the two biggest housing markets in the country, Texas and Florida, declined this week - there are fewer homes for sale now than a week ago. Inventory seems to have...
Continue ReadingUnsold inventory has been on the rise all year, but there are some signs that inventory growth is slowing as we approach the end of summer with newly-lower mortgage rates.In the years...
Continue ReadingMortgage rates fell two weeks ago, then climbed steadily again last week. Is it enough to motivate any new buyer activity or are we looking at 2025 before home sales finally recover?From a...
Continue ReadingMortgage rates are dropping fast. Will potential home buyers jump at newly cheaper payments? Or will they wait to see if rates drop further before taking action? Mortgage rates are at the...
Continue ReadingAny sales growth momentum in the real estate market we might have had early in the year is gone. New home sales contracts are coming in pretty consistently fewer than last year - 4.9% fewer...
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