Mortgage Rates Increase Despite Omicron Spike
With little economic data during a slow holiday week, markets seem to be pricing in continued economic recovery, despite COVID cases spiking due to the Omicron variant.
Why Tampa will be 2022’s Hottest Market
2022's hottest markets all boast strong forecasted home value growth, solid economic fundamentals, fast-moving inventory and plentiful likely buyers.
October 2021 Case-Shiller Results & Forecast: Still Moving with Blazing Speed
The S&P CoreLogic Case-Shiller U.S. National Home Price Index® rose 19.1% year-over-year in October (NSA), down from 19.7% in September.
November New Home Sales: A Choppy End to 2021
November new home sales rose 12.4% from downwardly revised October data, to 744,000 (SAAR), according to the U.S. Census Bureau.
November Existing Home Sales: Ending Where They Started
November existing home sales rose 1.9% from October, to 6.46 million (SAAR), according to the National Association of Realtors.
South Lake Tahoe was Zillow’s Most Popular Place in 2021
South Lake Tahoe is Zillow’s most popular city of 2021, leading a West Coast near sweep of the most in-demand places of the year.
U.S. Movers Continued to Seek Affordability in 2021, but in Different Areas
Some of 2020’s most popular mover destinations have gotten so expensive, so quickly that they are losing some of their appeal as affordable options.
Stage Set for Unseasonably Warm Winter Housing Market (November 2021 Market Report)
Home value growth is trending up in most large markets while inventory is trending down, suggesting a more competitive market is in the cards this winter.
November Housing Starts: Rebounding Nicely
Housing starts rebounded nicely in November after tumbling in three of the previous four months, recording the largest monthly increase since March.
Mortgage Rates Unchanged Against Tight Labor Market and Inflationary Pressures
Mortgage rates ended the week unchanged, after economic releases last week continue to show a tight labor market and inflationary pressures.
