Applications fell 5.7% annually in July, while government-backed mortgages accounted for half of builder-affiliated loan volume
Tagged: Inventory
Prices fell 2.9% in Austin but rose 6.4% in Chicago, showing weak purchase demand is producing local corrections rather than a national one
Redfin’s index rose 3% annually in June, with luxury demand and limited move-in-ready inventory supporting prices despite elevated mortgage rates
June sales climbed 5.9% from a year earlier as mortgage costs eased, while inventory growth slowed to its weakest pace since late 2023, signaling a more balanced purchase market
Realtor.com report finds median down payment drops 19% year-over-year while FHA and VA usage rises
Following the same trend as existing home sales, a growing number of new homes are taking longer to sell
Lower rates and improving affordability are pulling some buyers back into the market
Sellers now outnumber buyers by widest margin in records dating back a dozen years
‘The balance of power has shifted toward buyers, but a lot of sellers have yet to see or accept the writing on the wall’
Leaky pipelines and buyer pullback define Q2 2025