Analysis and Data

The outcome won’t be the same across the nation — some areas will show resilience and others will come tumbling down. 

Sales of new single-family homes fell 8.1% in June from May.

The gain was down from 20.6% in April.

Black Knight’s First Look report for June said that these levels still remain below pre-pandemic levels.

Today’s Fed’s faces similar challenges – high energy and food prices plus inflation 

With waning affordability and rising mortgage rates purging the market, both LendingTree and First American saw a recent uptick in adjustable rate mortgages.

Lack of inventory continues to support growth in prices, which have increased year over year for 124 straight months.

Report says homes are taking longer to sell, as few are being listed and even fewer are selling.

As of July 21, the 30-year, fixed-rate mortgage averaged 5.54% with an average 0.8 point.

Economic research team says there’s a 50% chance for a recession