Altos Blog | National Data (2)

National Data

Mortgage 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...

National Data

Any 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...

National Data

Mortgage rates have come down with recent good inflation news, but rates are still higher than they were a year ago and higher than they were 6 months ago. How will consumers respond as...

National Data

Is it darkest before the dawn? If we look at the housing market data right now, things look the most bearish they've been all year. And yet, really good inflation data came in last week,...

National Data

Nationally, the housing market indicators have been slow for several months now. There have been a few markets though that have defied the national trends where inventory has stayed tighter...

National Data

The last week of June is typically the peak of the home buying season, when activity and prices start their seasonal decline. So this first week of July, I'm looking at what we can we see...

National Data

Inventory grew by almost 14,000 homes this week. That’s a pretty solid number, but actually fewer than our model had predicted for the week. Are sellers backing off?Every week Altos...

National Data

I’ve been highly tuned in looking for signals that the housing market is slowing. By now everyone knows that unsold inventory of homes on the market is climbing. But is that unsold...

National Data

Mortgage rates decided to bounce back into the 7s this week, and we can already see an impact in that immediate sales are slowing down. We can also see the new pending sales slow and price...

National Data

It’s the end of May, and unsold inventory on the market is increasing across the country. Every state has more homes on the market now than a year ago. In many places we’re seeing new...