Analysis and Data
First American Financial Corporation published its Nov. 2021 First American Real Estate House Price Index, which found that rising mortgage rates may have a strong effect on prospective buyers.
Redfin surveys find 77% of homebuyers believe there's a housing price bubble, but Redfin economist says it's only a 'ripple.'
Overall, rents are up more than 30% in many major metropolitan areas.
New York’s housing market is on track for robust growth after a record-breaking year.
Research finds Black borrowers refinancing their homes on average received slightly lower appraisal values vs. automated valuation models than white borrowers.
Mortgage rates hit their highest levels since March 2020, leading to the slowest pace of refinance activity in over two years.
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.