Trends

Twenty-four percent of U.S. county housing markets were less affordable than their historic affordability averages during the third quarter
Home prices and sales last month were still on the rise while inventory continued to shrink, according to data released by Redfin.   U.S. home prices increased seven percent on a year-over-year basis in January while home sales gained 5.6 percent during the same period. The Dallas-Fort Worth had... Keep Reading....
Two new data reports offer differing views on the current state of homeownership
Two new data reports offer differing views on the current state of homeownership.   According to the U.S. Census Bureau, the homeownership rate in the fourth quarter of 2016 was 63.7 percent, which was not statistically different from the rate in the fourth quarter of 2015 (63.8 percent) or the... more
Home prices continued their seemingly unstoppable ascension, according to the latest data from the S&P CoreLogic Case-Shiller Indices
Home prices continued their seemingly unstoppable ascension, according to the latest data from the S&P CoreLogic Case-Shiller Indices.   The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.6 percent annual gain in November... more
Mortgage originations during the second quarter reached a three-year high as purchase lending achieved its highest level since 2007, according to new data from Black Knight Financial Services (BKFS)
Two new data reports are offering a positive record of home price performance in the tail-end of 2016. Black Knight Financial Services (BKFS) is reporting that home prices registered a 5.7 percent year-over-year increase in November. On a month-over-month measurements, November’s prices were up by... more
Pending home sales ended 2016 on an upswing, according to new data from the National Association of Realtors (NAR)
Pending home sales ended 2016 on an upswing, according to new data from the National Association of Realtors (NAR). The Pending Home Sales Index (PHSI) increased 1.6 percent to 109.0 in December from 107.3 in November. The PHSI was also 0.3 percent the 108.7 level set in December 2015. On a... more