Mortgage Rates Slightly Up While Market Responds to Ukraine Developments
Mortgage rates slightly up as Russian invasion of Ukraine stems significant increase
Market Trends
Demand in Vacation Areas Unrelenting amid Pandemic-Driven Work Flexibility
Search traffic on Zillow and home price appreciation in vacation areas are both largely outpacing the U.S. overall.
In the 38 largest iBuyer markets, homeowners sold 21,523 homes in Q4 using one of the three largest iBuying services including Zillow.
January New Home Sales: Standing Firm
The only-modest setback in new home sales reinforced the fact that both home shoppers and home builders continue to stand firm amid a slew of challenges.
Mortgage Rates Flat As Strong Economic Data Offset by Ukraine Uncertainty
Mortgage rates were fairly flat last week. There were no signs of changes in labor markets, as employment figures remain strong.
December Case-Shiller Results & Forecast: Reaccelerating
After cooling from record highs reached in the Fall, home price appreciation began to reaccelerate to end the year.
A 1-2 Punch: Why Monthly Mortgage Payments are Rising at their Fastest Pace in Decades
The monthly mortgage payment on the typical U.S. home rose 31% in the last year – the largest one-year climb in at least 22 years.
January Existing Home Sales: Defying Conventional Wisdom
Despite all conventional wisdom that might point to the opposite, extremely tight inventory conditions aren't holding back the housing market.
Dearth of Inventory, Price Hikes Pose Challenges for Shoppers (January 2022 Market Report)
Home value appreciation accelerated again in January, to a record 19.9% annual gain, while inventory plunged below 900,000 listings -- a record low.
Mortgage Rates Rise on Increasing Consumer Prices
Consumer price data showed prices increasing at the highest rate since early 1982 push mortgage rates up to over 4%.
