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....
Potential existing-home sales decreased to a 5.8 million seasonally adjusted, annualized rate (SAAR) last month, according to data from First American Financial Corporation, while the market potential for existing-home sales grew by 2.9 percent compared with a year ago, an increase of 164,000 (SAAR... more
Average mortgage rates fell for the third consecutive week, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS). The 30-year fixed-rate mortgage (FRM) averaged 4.09 percent for the week ending January 19, down from last week when it averaged 4.12 percent. The 15-year FRM this week... more
The new Federal Housing Administration (FHA) mortgage insurance premium deduction could result in an average savings of $446 per year, according to a new analysis from ATTOM Data Solutions. Working on the foundation of the $185,000 median sales price in 2016 and across a span of 444 counties with a... more
There was mixed news in the latest housing starts data released by the U.S. Census Bureau and the U.S. Department of Housing & Urban Development (HUD). Single-family housing starts in December were at a rate of 795,000, which is four percent below the revised November figure of 828,000. But... more