December Housing Starts: A Fitting Conclusion to 2021
Housing starts had one last push to end 2021, rising from November against expectations for a small decline -- a fitting conclusion to a solid year.
Market Trends
Black Mortgage Applicants Denied 84% More Often than White Borrowers
Black applicants are denied a mortgage at a rate 84% higher than white applicants, an increase of 10 percentage points since 2019.
Mortgage Rates Rise on Signs of Hawkish Fed Reaction to Inflation
Mortgage rates increased significantly, with markets reacting to signs the Federal Reserve will take a more hawkish approach to inflation.
Experts Split on Sales Impact from Potential Affordability Woes vs. Inventory Gains
Housing experts are evenly divided on whether sales will rise or fall in 2022, weighing inventory growth against worsening affordability.
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.
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.
