Mortgage Rates Remain Steady — For Now
Mortgage rates held mostly steady in the leadup to the long Thanksgiving weekend.
September Case-Shiller Results and October Forecast: Steady as She Goes
The S&P CoreLogic Case-Shiller U.S. National Home Price Index® rose 3.2% year-over-year in September (non-seasonally adjusted), up from 3.1% in August.
October New Home Sales: Reinforcing the Trend
October new home sales stood at 733,000 (SAAR), according the U.S. Census Bureau, down 0.7% from upwardly revised September numbers but up 31.6% from a year ago.
The Silver Tsunami: Which Areas will be Flooded with Homes once Boomers Start Leaving Them?
Over the next 20 years, more than a quarter (27.4 percent) of the nation’s currently owner-occupied homes are likely to hit the market.
‘Open Concept’ Is the New Formal Dining Room for the Holidays
Zillow research finds the share of for-sale listings mentioning open concept layouts has more than doubled since 2015, while the share of listings mentioning a formal dining room has slightly dipped.
October Existing Home Sales: Up, But Some Buyers Still on the Sidelines
The economy is offering everything it’s got -- high employment, low interest rates, healthy home price appreciation -- and still there’s only modest growth in existing home sales.
U.S. Rents Continue to Rise as For-Sale Inventory Dries Up (October 2019 Market Report)
Annual growth in the U.S. rental market has been very consistent over the past year, never slower than 1.7% nor more than 2.4% -- slower than recent annual income growth that has hovered around 3% in recent months and a sustainable pace for renters, especially those trying to save for homeownership.
Mortgage Rates Continue to Track U.S.-China Talks
Mortgage rates fell this week, reversing a gradual upward trend to reach their lowest levels in two weeks.
October Housing Starts: Robust Rebound
Today’s release was more evidence of how resilient the home construction industry is in the face of persistent constraints.
Mortgage Rates Rebound on Positive Trade Developments
Mortgage rates rose over the last week, surging higher on positive trade developments before retreating slightly in recent days.
