Trends

This year’s housing market is starting off on a strong lead, according to new data released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD)
This year’s housing market is starting off on a strong lead, according to new data released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD).   There were 555,000 new single-family houses sold in January, which is 3.7 percent above the revised December rate of 535... Keep Reading....
Sales of new single-family houses in December were at a seasonally adjusted annual rate of 536,000
Sales of new single-family houses in December were at a seasonally adjusted annual rate of 536,000, which is 10.4 percent below the revised November rate of 598,000 and is 0.4 percent below the December 2015 estimate of 538,000, according to estimates released by the U.S. Census Bureau and the U.S... more
Cash sales accounted for 31.8 percent of total home sales during October 2016
Cash sales accounted for 31.8 percent of total home sales during October 2016, down 2.7 percent from one year earlier, according to data from CoreLogic, which predicted this share of the market is on target to drop further to a 25 percent level by mid-2018. Alabama had the largest cash sales share... more
Home loan application were on the rise last week, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Jan. 20
Home loan application were on the rise last week, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Jan. 20. The Market Composite Index was up four percent on a seasonally adjusted basis from one week earlier, although the unadjusted... more
Existing-home sales closed out 2016 as the best year in a decade, even as sales declined in December as the result of ongoing affordability tensions and historically low supply levels, according to the National Association of Realtors (NAR). At the end of 2016, NAR recorded 5.45 million existing-... more