Altos Blog | National Data (3)

National Data

Price reductions ticked up this week for the first time since November in the face of rising mortgage rates. Inventory is rising across the country as home buying affordability takes...

National Data

Are last year’s surprising home price gains evaporating now? As interest rates climb again, some of the price signals are softening. Inventory is climbing vs. last year, and home prices...

National Data

Each week for several months now, inventory levels of unsold homes on the market has been expanding compared to last year. Even as inventory declined this week, it’s growing compared to a...

National Data

Mortgage rates are back up over 7% this morning following very strong economic growth data. When the economy is stronger than expected, and job growth is stronger than expected, the bond...

National Data

On Friday last week, the National Association of Realtors released their December pending sales data. The headline was an impressive 8% jump over December of 2022. If you’ve been following...

National Data

For several weeks I’ve been reporting data that shows the housing market growing in 2024. Those metrics - specifically the pace of new listings and new sales contracts - slowed this week....

National Data

Home sellers are finally starting to ease back into the market, and new listings each week are now exceeding last year's levels. As a result, we’re starting to see slightly more available...

National Data

Based on the trends we can see after the start of the year, I’ll project 2024 will see probably 15% home sales growth over 2023. Home prices will be up this year by a few percent also. ...

National Data

Happy New Year! The last week of data for the 2023 US real estate market is in, and pretty much all the signals for housing in 2024 are now pointing towards growth.Inventory is slowly but...

National Data

We're wrapping up 2023, and the housing market is about to settle down for a few holiday weeks before beginning the year with new listings and new market signals.But there is something...