Mortgage Rates May Breach 8%, But Don’t Expect a Major Market Shift
More potential buyers will be priced out and the inventory deficit may deepen the higher mortgage rates rise.
Mortgage Rates May Breach 8%, But Don’t Expect a Major Market Shift
More potential buyers will be priced out and the inventory deficit may deepen the higher mortgage rates rise.
Federal Government Shutdown May Leave Thousands of Home Buyers in Limbo
Federally insured mortgage approvals are likely to be delayed, impacting Black borrowers most directly
August 2023 New Home Sales: New Sales Still Strong Compared to a Year Ago
New home sales slipped from last month, but are still elevated from a year ago.
August Existing Home Sales: Home Sale Slide Continues
Existing home sales dropped again in August leading to a full two years of continuous yearly declines in sales.
August Housing Starts: Starts Back Down, But Permits Might Offer Some Hope
Housing starts pulled back again amidst falling homebuilder sentiment, but permits are up from last month.
July Housing Starts: Starts are Strengthening Again
Housing starts are increasing while permits and completions are falling back.
June 2023 New Home Sales: New Sales Still Strong Compared to a Year Ago
New home sales staying elevated from levels seen a year ago is welcomed news for homebuilders and is boosting their confidence in the market.
June 2023 Existing Home Sales: Home Sales Continue To Fall
Existing home sales dropped again in June, approaching two years of continuous yearly declines in sales.
Housing Affordability Should be Top of Mind as Student Loan Payments Resume
Student loan debt is just one part of a larger affordability puzzle as consumer debt has also risen as would-be buyers struggle to keep up with inflation
June Housing Starts: Permits and Starts Down
Housing starts and permits fell back in June, following strong May numbers.