Analysis and Data

Coming Up:
Builder Sentiment Declines In May, Ending 6-Month Streak

The NAHB/Wells Fargo Housing Market Index shows the use of sales incentives rose 2% month over month.

Construction
Analysis and Data
Inflation Cools For First Time in Three Months

Department of Labor's April Consumer Price Index increased in line with expectations

Analysis and Data
Foreclosure Activity Nationwide Shows Slight Decline In April

Foreclosure starts decreased 7% from last month and completed foreclosures increased 8% from last month

Analysis and Data
New Home Purchase Mortgage Applications Increased In April

Compared to March 2024, applications increased by 2%.

Analysis and Data
43% Of New Homeowners Struggle To Make Mortgage Payments

And 44% have taken on extra debt to maintain their lifestyle, according to a new survey from Clever Real Estate.

Analysis and Data
Consumers Skip Payments Due To Inflation, Job Loss, And Forgetting To Pay

Nearly one-third of consumers said it is difficult or very difficult for them to pay their recurring debts on time.

Analysis and Data
Second Home Purchase Demand Dropped Significantly in 2023

Most substantial drop (62.5% year-over-year) in Austin, Texas

Analysis and Data
Bright MLS: Inventory Up Nearly 15% In Mid-Atlantic Region In April

Rising inventory is driving up home prices and transaction activity in the Washington D.C. metro area.

Analysis and Data
Mortgage Rates Decreased In Last Week's Survey

Rates decreased for the first time in two months.

Analysis and Data
Half Of All Loan Applicants Denied Since 2022 Rate Hikes

Bankrate survey finds 50% of Americans who’ve applied for a loan or financial product since March 2022 have been denied.

Analysis and Data