Price Cuts Becoming More Common, Especially at the High End
The share of pricier homes available for sale at a discount from their original list price is growing, even as sellers of less-expensive homes seem somewhat less willing to consider a price cut.
Mortgage Rates Lower on Turkey Turmoil
Mortgage rates fell last week after the collapse of the Turkish lira prompted financial market fears.
Mortgage Rates Fall on Weak Jobs Data
After trending higher last week, mortgage rates dropped slightly this week in response to an unexpectedly weak July jobs report.
Mortgage Rates Edge Higher as Trade Tensions Ease
Mortgage rates trended higher over the past week, returning to highs last touched in late May and early June and continuing the upward trajectory of last week.
May Case-Shiller Results and June Forecast: Hints of a Turning Tide?
Home price growth is likely to slow somewhat going forward, but the truth is that little has changed for home buyers in the market today: Competition is fierce, prices are rising and selection is limited.
Q2 2018 Homeownership Rate: Rapid Reaction
The Q2 2018 homeownership rate was 64.3 percent, up modestly from 64.2 percent in Q1 2018 and 63.7 percent in Q2 2017, according to the U.S. Census Bureau.
Half of Homes Have Regained Peak Values, But the Recovery Is Uneven (June 2018 Market Report)
While 50.4 percent of U.S. homes are currently worth as much or more than they were prior to the housing bust, a much greater share (57.1 percent) of homes valued in the top third nationally have rebounded than homes valued in the bottom third (39.7 percent).
Mortgage Rates Continue Gradual Rise Amid Concerns Over Trade, Deficit
Escalating trade tensions between the United States and China prompted further fear in markets, and the prospect of new subsidies for farmers hurt by recent trade policy decisions raised the outlook for U.S. fiscal deficits and demand for long-term debt.
June New Home Sales: Rapid Reaction
Today’s small dip in new home sales does not diminish a steady string of year-over-year gains. Home builders clearly are responding to a market starved for new supply and buoyed by a strong labor market. But it remains to be seen how long this momentum can continue.
June Existing Home Sales: Rapid Reaction
Existing home sales have plateaued over the past year and a half, even as prices have risen to new highs – yet another signal that the post-recession rebound in home buying has seemingly run its course.
