December Housing Starts: Capping Off an Extraordinary Year
2020 will go down, quite unexpectedly, as one of the best years for home builders in recent memory and proof that great challenges can be overcome.
Market Trends
Mortgage Rates Fall as Pandemic Uncertainty Continues
After months of barely budging, rates rose significantly in early January at their strongest pace since the spring but that upward momentum has since dissipated.
Austin Expected to be Nation’s Hottest Housing Market in 2021, Leading a Sunbelt Surge
Austin and a lineup of sunny, affordable metro areas are most likely to outperform the nation in home value growth in 2021, according to experts.
Mortgage Rates Continue to Drift Higher, but will the Trend Hold?
The path forward for mortgage rates will be dictated by our ability to contain and treat COVID-19, as well as improvement in the labor markets.
Pandemic Year Brought Incredible Surge in ‘Million-Dollar Cities’
In 312 cities and towns nationwide, the typical home is worth a cool $1 million or more -- up 45 from a year ago and an increase of 104 from five years ago.
Mortgage Rates Set to End 2020 At Lowest Levels Ever
Mortgage rates look set to end 2020 at record-low levels that were unfathomable just a few years ago.
October Case-Shiller Results & November Forecast: Nothing Short of Remarkable
In many places, home prices are growing (by some measures) at their fastest pace in decades.
2020 Housing Data in Review: How Housing Went from Solid, to Stuck, to Soaring in 12 Months
The global pandemic weighed heavy on 2020, but the for-sale residential real estate market was a source of optimism and opportunity for many.
November New Home Sales: Relatively Weak, but Context is Everything
Compared to recent levels, an annualized pace of 841,000 sales is relatively weak. But November new home sales were higher than in any single month in 2019.
November Existing Home Sales: Enduring Strength Headed into 2021
The pace of existing home sales may have cooled in November from October’s red-hot pace, but the housing market remains strong headed into 2021.
