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Boston is the nation’s hottest housing market Feb. 23rd 2024
Homebuyers are paying over the asking price, waiving home inspections and doing whatever they need to do to purchase a property.
Why is Fannie Mae optimistic about a housing market recovery? Feb. 23rd 2024
Mortgage rates have been rising, but Fannie Mae is bullish that housing market activity will pick up as existing home sales recover.
Don’t get too excited about the jump in existing home sales Feb. 23rd 2024
We got a great existing home sales report on Thursday, but is this data already too old?
Existing-home sales make a comeback in January: NAR Feb. 22nd 2024
Existing-home sales picked up in January as buyers took advantage of the lowest mortgage rates seen since in several months.
Build-to-rent is attracting powerhouse investors. Here’s what’s next for the sector Feb. 21st 2024
The growth of the build-to-rent sector has been heavily concentrated in a few states, but experts see a bright future ahead.
Home price gains slow as mortgage rates rise: Altos Feb. 20th 2024
Are last year’s surprising home price gains evaporating? As interest rates climb again, some of the price signals are softening. Inventory is climbing vs. last year, and home prices have stayed flat for three weeks now. The price reductions data has turned less bullish for future sales also. Mortgage rates are back over 7%. We [....]
How do you solve the California housing crisis? Feb. 19th 2024
One out of every eight Americans lives in California, but the homeownership rate is dismal at only 44% in 2021.
Are mortgage rates about to break out higher again? Feb. 17th 2024
We are approaching a critical technical level on the 10-year yield that can cause market drama for mortgage rates.
The apartment boom is officially dead, but single-family housing is holding up Feb. 16th 2024
Today, housing starts fell more than anticipated, but the more important story in today’s report is that single-family permits are rising.
Housing starts see steep drop in January Feb. 16th 2024
New construction starts fell to a seasonally adjusted annual rate of 1.331 million units, down 14.8% month over month.