Analysis and Data
NAR reports that despite dip in December, overall sales totaled 6.12 million, up 8.5% from 2020.
New Jersey, Illinois and California contained 31 of the 50 counties most vulnerable to the potential economic impact of the pandemic.
Buyers in December had a hectic time with 19.5% fewer houses to choose from than they did last year.
The housing market is holding strong but that doesn't mean homebuyers don't have their fair share of deal-breakers when it comes to purchasing a home.
Latest analysis from OJO Labs shows that Phoenix, AZ nudged out Denver and Seattle as one of the top 10 least affordable metros in the U.S.
The housing market is expected to settle into a “new normal” according to the January 2022 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group.
Census Bureau reports Privately owned housing units authorized by building permits were started at a seasonally adjusted annual rate of 1.7 million, a 1.4% increase from the revised November estimate.
First American Financial Corporation's Potential Home Sales Model for Dec. 2021 revealed that millennial demand is propelling the housing market, thanks to low rates and increased geographic flexibility.
The Mortgage Bankers Association’s (MBA) new monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 26 basis points from 1.67% of servicers’ portfolio volume in the prior month to 1.41% as of Dec. 31, 2021.
Home builder confidence in the market for newly built, single-family homes fell by one point to 83 in January 2022, according to the National Association of Home Builders and Wells Fargo's Housing Market Index report.