Mortgage Rates Fall As Manufacturing Sector Contracts
Mortgage rates fell this week with inflation continuing to surprise on the downside.
Updates to conforming loan limits mean 2 million U.S. homes no longer require a jumbo loan
This could open up more home options for buyers shopping at higher price points and hoping to avoid the additional fees of a jumbo loan
Bah, Humbug! Holiday Streets Have Lower Zestimates
Nationwide, the median house on a street with “holiday” in the name is worth $268,042 or 18% less than the median home on a normal street, whose median value is $327,257.
Mortgage Rates Increase Set Expectations For New Year
Mortgage rates increased this week, giving up some of the downward progress achieved over the past week.
November 2022 Existing Home Sales: Sales Plummet in Stale Market
Existing home sales took a hit in November from both sides as buyers and sellers sat at a stalemate in the housing market.
Prairie Village, KS was Zillow’s Most Popular City in 2022
Kansas’ Prairie Village is Zillow’s most popular city of 2022, representing rising interest in the Midwest and heading a dramatic reversal from 2021’s West Coast-centric leaders.
Zillow Home Value and Sales Forecast: December 2022
Zillow forecasts that home value appreciation will continue to ease down over the coming months. The national Zillow Home Value Index, which rose 10.4% in the 12 months ending in November, is expected to fall 1.1% over the next 12 months.
November Housing Starts: Homebuilding Continues to Slow
November continued to see a slip in home construction activity, despite inflation cooling off and mortgage rates falling.
Home Price Declines Resumed in November As Buyers Await Better Deals (November 2022 Market Report)
Home values slipped 0.2% in November, resuming a slow decline that began this summer.
