Altos Blog | National Data (4)

National Data

Inventory continued to climb this week. Not at a super fast pace, but the number of homes on the market across the country keeps expanding. As mortgage rates stay elevated and as unsold...

National Data

New listings volume each week is now higher than at any time last year. And since it's still only April, there could be as many as eight more weeks of seller growth in the spring market....

National Data

Even after a couple weeks of mortgage rate jumps, we’re still seeing surprising strength in key elements of the housing market. In fact, some measures of home prices are now at their...

National Data

Big jump in interest rates this week. The 30-year fixed rate mortgage according to the HousingWire mortgage rates center is now over 7.2%, that’s 50 basis points above where we were at the...

National Data

Here’s how 2024 is shaping up: there are now more listings, more active inventory, and more sales than a year ago. Sales are increasing because supply is increasing. We’re slowly emerging...

National Data

Everyone knows it’s been a very dry 18 months for home sales. As mortgage rates rose, starting over two years ago now, payment affordability got dramatically worse and home buyer demand...

National Data

It was a pretty strong week for all the housing numbers. New supply and sales numbers keep climbing weekly and compared to last year. Price numbers had a slight increase this week across...

National Data

There’s a big Federal reserve meeting this week, and we’ll learn more about the future of interest rates then. I don’t have any capacity to predict interest rates - I’m not convinced anyone...

National Data

Available inventory of homes on the market is climbing and will continue to climb until we’re finally in an environment of declining interest rates. Inventory has been rising for two years...

National Data

In the face of growing supply of unsold homes on the market, we have to ask how much more inventory this market can handle before home prices start to decline. We’re at 19% year over year...