Tagged: Home Prices

Despite continued high home prices, housing payments are down to lowest level in eight months

Regional variations in homebuyer sentiment likely a function of new supply variations in those regions, Fannie Mae reports.

Despite lowest mortgage payments since January, homebuyers aren't biting

Latest ICE Report indicates market conditions are improving for buyers

First American also reported house prices nationally are now 55% higher compared to pre-pandemic levels, while Redfin reported a 0.2% uptick in home prices.

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

CoreLogic forecasting only small increase by next summer

Cooling demand in May and June put downward pressure on price gains

Half of all states have at least one city with a typical starter home worth $1 million or more.

Existing homes sold in June at a rate only 40,000 units above that experienced in October 2023 — when mortgage rates kissed 8% — and 1.5 million units lower than June 2019.