Analysis and Data
While nationwide home inventory was down nearly 20%, the Northern Virginia Association of Realtors reported that inventory is up 31% for the region.
The Federal Housing Finance Agency's House Price Index was up 1.7% in May from the previous month and up a whopping 18% from the same time last year.
The Intercontinental Exchange, Inc. made enhancements to its mortgage prepayment model with daily residential mortgage rates from ICE Mortgage technology.
ATTOM’s mid-year foreclosure market report shows that foreclosure filings from the first six months of the year were down 61% from the same time last year and down 78% from the same time two years ago.
A new Redfin report reveals that the housing market’s supply side is slowly rebuilding as more homes for sale become available and pending sales decline.
Rates are likely to rise in the early part of next year and not in 2023
Florida's housing market is showing the same monthly trends with more closed sales, higher median prices, and more new listings compared to a year ago.
Senior housing wealth exceeded a record of $9.23 trillion in the fourth quarter of 2020.
As more people take advantage of flexible work conditions, the value for homes further away from job centers continues to rise.
Simply by monitoring, reviewing, and adjusting their insurance policy, these homeowners saved $751 annually.