Analysis and Data
Seventh consecutive weekly increase says Freddie Mac
First American economist cautions that the last two years were the exception, not the rule, and the market is adjusting to a not-so-new normal.
Redfin says the houses being purchased are smaller by 31 square feet.
Use of alternative funding is more prevalent among minorities and lower income borrowers.
Month-over-month, sales in March fell in three of the four major U.S. regions, while holding steady in the West.
Since ARM loans typically have lower rates than fixed mortgages, they’ve become more attractive to borrowers.
Wharton real estate professor says effects of higher prices and mortgage rates should correct soon
Austin, TX market hardest hit with increase of 63.2% year-over-year
About half (51%) of homeowners have a rate under 4% — substantially below today’s level of 5%.
Economist: Builder sentiment remains higher than pre-pandemic, as several long-term trends continue to boost demand for new construction.