Analysis and Data
MBA releases February PAPI
Of more than 500 counties analyzed by ATTOM, 97.8% are less affordable in the first quarter of 2024 than their historic averages.
Applications decreased 0.7% from one week earlier.
The pace of new home sales in February is up 5.9% from a year earlier.
Redfin report reveals home affordability still low
A total of 6,000 foreclosure sales were completed in February, a 9% decrease from January and the second-lowest level in the previous 12 months.
S&P CoreLogic Case-Schiller and FHFA home price indices both note slight decline from December, though.
Fourth-quarter decline in median appraised value concentrated in the Midwest, FHFA reports.
New data from American Enterprise Institute (AEI) shows continued HPA
30% of millennials and Gen Zers moved up credit tiers within the past two years, more than older consumers.