Analysis and Data

Coming Up:
July's Pending Home Sales Hit Historic Low

More home-purchase agreements canceled than any other July on record

Analysis and Data
First American: House Price Appreciation Changes Rent-Versus-Own Dynamic

Renting was cheaper in 48 of the top-50 markets in Q2 2024, but only 29 states when accounting for home equity gains

Home Equity
Analysis and Data
Housing Starts Reach Four-Year Low In July

Matching a summer decline in sentiment, builders continue to grapple with high construction and development costs

Analysis and Data
Builder Sentiment Continues Decline In August

Low affordability causing buyers to hesitate has led more builders to cut prices so as to bolster sales

Analysis and Data
Average Mortgage Payment Saw Lowest YOY Increase In Five Years

Typical homebuyer paid $2,588 during four weeks ending August 11

Analysis and Data
Real Estate Investors Returning To Buying Ways

San Jose and Las Vegas home to 27% year-over-year growth in investor purchases

Analysis and Data
Investor Loans
Competition, Price Appreciation Tapered Off In July

Zillow predicts the recent drop in mortgage rates will neutralize the market and bring in more homebuyers

Analysis and Data
U.S. Foreclosure Starts Increased 18% In July

July 2024 saw 31,929 properties with foreclosure filings, with the greatest numbers of foreclosure starts in California, Florida, and Texas

Analysis and Data
Refinance Applications Up 118% Year-Over-Year

Mortgage applications increased almost 17% for the week ending Aug. 9

Analysis and Data
Inflation Slows To 2.9% In July

Core inflation — less food and energy — remains slightly higher than the all items index

Analysis and Data