Analysis and Data
Production losses down from $2,109 per loan in Q4 2023
AEI Housing Center expects strong HPA into June
Analysis of Census data shows the median square foot floor area on a single-family home was 2,140 sq. ft.
Census reports 4.7% decline in new home sales from March to April
The median U.S. home-sale price hit a record $387,600 during the four weeks ending May 19
ICE whitepaper finds mortgage fee cures cost $1,225 per loan, on average.
2024 sees highest median home price ever recorded for the month of April
With rates reaching seven-week low, total applications increase 1.9%
The ESR Group forecasts overall economic growth to slow and mortgage rates to end the year near 7%.
Attached single-family rentals experienced their first price decline in 14 years, dropping 0.6% in March.