Trends

The Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 24 was mostly flat
The Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 24 was mostly flat.   The Market Composite Index decreased 0.8 percent on a seasonally adjusted basis and decreased by 0.4 percent on unadjusted basis compared with the previous week. The seasonally... Keep Reading....
Pending home sales took a sharp upswing last month, according to new data from the National Association of Realtors (NAR).   The Pending Home Sales Index (PHSI) rose by 5.5 percent to 112.3 in February from 106.4 in January. Last month’s index reading is 2.6 percent above a year ago, reaching its... more
Efforts by the Trump Administration to deport illegal immigrants from Latin America would have a damaging impact on the U.S. housing industry, according to the annual State of Hispanic Homeownership Report issued by the Hispanic Wealth Project in collaboration with the National Association of... more
Home prices continue to soar, as the main index within the S&P CoreLogic Case-Shiller Indices has reached a new apex
Home prices continue to soar, as the main index within the S&P CoreLogic Case-Shiller Indices has reached a new apex.   The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.9 percent annual gain in January, up from 5.7... more
Owners.com recently commissioned a survey of more than 1,200 consumers considering a home purchase this year
Owners.com recently commissioned a survey of more than 1,200 consumers considering a home purchase this year. According to the study, 72 percent of potential homebuyers stated that they expect stress in the homebuying process, with many citing financial aspects as the most concerning.   When asked... more