Trends

Newly released federal data reaffirmed the continued strength of the housing market
Newly released federal data reaffirmed the continued strength of the housing market.   Sales of new single-family houses in May were at a seasonally adjusted annual rate of 610,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban... Keep Reading....
A new study issued by the real estate brokerage Redfin has determined African-American and Hispanic middle-class families are having difficulty in obtaining affordable homeownership options in many major metro areas
A new study issued by the real estate brokerage Redfin has determined African-American and Hispanic middle-class families are having difficulty in obtaining affordable homeownership options in many major metro areas.   According to Redfin, 18 percent of homes for sale in the 30 largest metros were... more
The 30-year fixed mortgage rate dropped for the third consecutive week and set a new low for the year, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS)
The 30-year fixed mortgage rate dropped for the third consecutive week and set a new low for the year, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS).   The 30-year fixed-rate mortgage (FRM) averaged 3.94 percent for the week ending June 1, down from last week when it averaged 3.... more
The nationwide average for one-bedroom rents hit $1,016 as rental prices have become more volatile in certain metro areas, according to new data from ABODO
The nationwide average for one-bedroom rents hit $1,016 as rental prices have become more volatile in certain metro areas, according to new data from ABODO.   Philadelphia saw the greatest rent hike in May, with a 11.7 percent increase. This is the second largest rent hike of the year, slightly... more
There are housing indices tracking pending and existing sales, but now ATTOM Data Solutions has debuted an index tracking the “pre-mover” market
There are housing indices tracking pending and existing sales, but now ATTOM Data Solutions has debuted an index tracking the “pre-mover” market.   According to the company, its new Pre-Mover Housing Index is based on the ratio of homes with a “pre-mover" flag in a quarter to total homes in a given... more