Altos Blog | National Data (8)

National Data

If homebuyer demand is so weak, why aren’t home prices falling?By now everyone knows that homebuyers are holding back in hopes of improving affordability. There were only 55,000 single...

National Data

Available inventory of unsold homes on the market continues to climb at its fastest clip all year. The total count of unsold single family homes grew by 9,000 this week, which is very...

National Data

The same trends of the last few weeks are still dominant this week. Mortgage rates continue to climb. It’s not uncommon to hear rates quoted over 8% for a 30-year fixed mortgage....

National Data

Available inventory of single family homes for sale rose another 1.3% this week. Even though that’s a slight deceleration from the last few weeks when inventory was climbing by nearly 2%...

National Data

Available inventory of homes for sale is on the rise in late September, which is very unusual for this time of year. In fact, inventory is growing faster than last year at this time. This...

National Data

Home sales each week continue to be at depressed levels. We counted only 59,000 new pending sales this week. Meanwhile, available inventory of unsold homes is growing. In fact, this week...

National Data

This week continues the trend of fewer home sales and steady prices. New contracts dipped as affordability is out of reach for so many. Inventory is very low and just inching up now week...

National Data

Mortgage rates kept climbing in the last week. Buyers in this real estate market notice these affordability changes, and so we can see in the data fewer home purchase offers, slightly...

National Data

It’s mid-August, mortgage rates have been stubbornly above 7% for two months now, and it sure looks like home buyers are growing weary. We can see signs that buyers are slowing, both in the...

National Data

Mortgage rates are sitting at their highest levels in many years. Higher mortgage rates mean higher monthly payments, less affordability for home buyers, and slightly fewer transactions....