Lock-in effect shows signs of easing
Analysis and Data
If 2022 was bad, more expenses, fewer sales, and thinner margins in 2023 makes 2024 a make-or-break year for many.
Affordability dipped 5% YOY.
Redfin says sellers are cutting their asking prices in the two southern states.
National Association of Realtors reports gains in Northeast, South and West, with a slight drop in the Midwest
The 30-year FRM averaged 7.17% as of April 25, 2024, up from last week, when it averaged 7.10%.
Most homeowners with a mortgage still able to make their payments on time in February, CoreLogic report shows.
Survey results indicate optimism about housing market among U.S. veterans and service members
The slowdown comes at the same time that the Federal Reserve's efforts to combat inflation have stalled.
ATTOM reported decrease of 55.3% in the first quarter – the smallest level in more than two years.