Analysis and Data
Gross profit margins on home flips in 2021 sank to their lowest level in more than a decade, after dropping at the fastest pace in more than 15 years.
30-year fixed-rate mortgage up almost 1.5% since March 2021
Zillow studies best day and month to list a home.
More than a day a week lost while workers work on their finances
Minor increase in purchase applications seen as positive development.
Gap can be as high as 22% depending on employment field.
Large share of both groups plan to sell their homes in the next 12 months
FHFA numbers come in slightly lower than S&P CoreLogic Case-Shiller index.
First American Real House Price Index finds homes are less affordable than they were a year ago, but much more affordable than April 2006.
Demand for single-family homes surged during the pandemic — but it surged so much that condos are now all some homebuyers can afford.