Analysis and Data
Typical homebuyer paid $2,588 during four weeks ending August 11
San Jose and Las Vegas home to 27% year-over-year growth in investor purchases
Zillow predicts the recent drop in mortgage rates will neutralize the market and bring in more homebuyers
July 2024 saw 31,929 properties with foreclosure filings, with the greatest numbers of foreclosure starts in California, Florida, and Texas
Mortgage applications increased almost 17% for the week ending Aug. 9
Core inflation — less food and energy — remains slightly higher than the all items index
Realtor.com's midyear, revised update for its 2024 Forecast predicts mortgage rates will end the year at 6.3%.
A growing share of borrowers are over-leveraged as piggyback mortgages rise in popularity and necessity
National Association of Realtors records highest median home price in a single metro area since 1979
Optimal Blue's July 2024 Market Advantage mortgage data report shows a lift in mortgage activity as interest rates dip