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Analysis and Data
Coming Up:
New Housing Starts Fell 4.1% In January
Supply-chain issues, labor shortages cited as decline ends three straight months of increases.
NAHB: Supply-Chain Issues Dampen Builder Confidence
Rising cost of construction materials, combined with rate hikes, seriously affecting housing affordability.
Out-Of-Towners Pay Nearly 30% More On Home Purchases Than Locals
Out-of-towners typically come with bigger budgets, pricing out locals who become stuck renting.
Seniors Worry Over Inflation, While Home Equity Wealth Grows
American Advisors Group (AAG) shows that the cost of living and other financial pressures have left seniors concerned for their future.
Renter Confidence On The Rise, Despite Future Rent Increases
Avail surveyed 2,163 renters and 1,156 landlords in January 2022 to gather their thoughts on the state of the rental market.
32% Of Black Homeowners Believe Their Homes Were Unfairly Appraised
A 2022 LendingTree study reported that 32% of Black homeowners believe that their home's value was unfairly appraised.
Purchase & Cash-Out Rate Locks Increase In January, Refinances Freefall
In January, overall rate locks were up 9.5% from December, driven by a 19.9% and 9.2% increase in purchase loans and cash-out locks, respectively.
Affordability Improves Slightly As Household Income Grows In California
The percentage of California home buyers who could afford to purchase a median-priced, single-family home inched up 1% from the third quarter to the fourth quarter of 2021.
Zillow Group Reports Fourth Quarter & Full Year Results
The fourth quarter consolidated results were driven by higher-than-anticipated margins in the IMT segment and lower than expected inventory losses from the Homes segment.
Foreclosure Filings Spike After CFPB Restrictions Expire
January 2022 U.S. Foreclosure Market Report shows foreclosure filings were up 29% from a month ago and up 139% from a year ago.