Fannie Mae: Home Price Growth Continues To Surprise
Quarterly index shows nearly 8% growth on a seasonally adjusted annualized basis.
Quarterly index shows nearly 8% growth on a seasonally adjusted annualized basis.
Redfin: As supply falls to new low, demand picks up.
Elevated mortgage rates are cutting into homebuyers’ budgets.
But tide for buyers could be turning as homes take longer to sell.
Annual appreciation projected to regain steam later this year.
Home prices hit record high in May; inventory, affordability plague buyers.
Median price is down just 0.9% YOY, the smallest decline in nearly four months.
ATTOM: Americans needed to use a third of their wages to cover homeownership costs.
New study suggests PPP loan fraud facilitated by fintechs played a role.