Analysis and Data
Buying a starter home is more affordable than renting in nearly half of the biggest U.S. metros.
Zombie foreclosures dropped 7% nationwide in the third quarter of 2021, but this figure could increase as the federal moratorium comes to a close.
‘Tappable Equity’ Surged 37% In The Quarter, According to Black Knight Report
Both Mortgage & Refinance Applications Fall In Weekly Survey
Fannie Mae's Home Purchase Sentiment Index was mostly unchanged in August 2021, however, buyers are becoming a bit more optimistic about homebuying conditions.
CoreLogic reported a 12-month rise in the U.S. Home Price Index, reaching an all-time high of 18% at a national level.
U.S. Economy Added Just 235,000 Jobs After Two-Month Surge
Today, Freddie Mac released the results of its Primary Mortgage Market Survey.
Sellers are beginning to compete for buyers as inventory and new listings continue to improve in August.
Redfin reported a 9% growth in pending home sales since June 2020.