Current Market Data
New home sales were down monthly and up yearly, but the story is so much deeper than that. By now you’ve surely seen the headlines – though new home sales in July were up 12.3 percent from last year,
July’s existing-home sales data looked pretty positive, but scratching beneath the surface reveals a different perspective. It all seems so nice – in July, existing-home sales rose 2.4 percent from June to a seasonally adjusted annual rate of 5.15 million,
Despite numbers that would imply the contrary, homebuilder confidence continued to increase this month. #82355278 / gettyimages.com Builders were a mighty confident bunch this month, with the NAHB’s Housing Market Index, the industry’s leading measure of homebuilder confidence, rising
NAR’s new existing home-sales report shows the sales pace quickening, inventory rising and distressed sales falling. #180585625 / gettyimages.com As summer temperatures hit their peak in July, so did existing-home sales, which, as the National Association of Realtors today
New CoreLogic report reveals another month of dwindling cash sales, but some states are maintaining high cash sales volumes. #3464-000089 / gettyimages.com Cash sales in the U.S. were down in May, according to a new report from CoreLogic. Falling
Simply put, without government guarantees, the percentage of first-time homebuyers would be even smaller than it already is. #181215771 / gettyimages.com In June of this year, only 28 percent of existing-home sales went to first-time homebuyers, a historically low
Home sales in the 11-county Atlanta area continued their lackluster pace in July, according to the latest analysis. #113456532 / gettyimages.com Home sales in the 11-county Atlanta region totaled 4,530 in July, which is down 2.5 percent from June
New survey data has uncovered the secret reason for why housing has yet to fully recover – though admittedly, it’s a pretty straightforward explanation. #144553105 / gettyimages.com Interest rates remain at historic lows. Home price gains have moderated, and
Immigrants already play a large role in housing, but that role will only grow more pronounced in the coming years. #118977667 / gettyimages.com Here’s an eye-opening stat for you – from 2010 to 2020, immigrants in the U.S. will
With a strong multifamily sector driving activity, housing construction put up some fantastic numbers in July. #162749020 / gettyimages.com The homebuilding sector exceeded expectations in July, with housing starts soaring to a seasonally adjusted annual rate of 1.093 million, according
We’ve been reporting for some time that housing is being largely driven by higher-income consumers (while first-time homebuyer numbers stall), but new stats on mortgages in 2014 really drive that trend home. Check out our infographic below for some
Millennials are poised to be the next big source of housing demand, but far too many of them are still grounded in their parent’s homes; why is that? Using new survey data from Fannie Mae, we’ve put together the
Lending standards have loosened since a year ago, but student debt is still keeping Millennials out of homeownership. #173865930 / gettyimages.com So much is said about why Millennials have been largely staying away from the housing market, but a
Negotiations call for a certain amount of assertiveness to make sure your clients get what they deserve, but how do you when it’s enough? #182793260 / gettyimages.com One of the hallmarks of a quality negotiator, especially in regards to real
Recent analysis by the CFPB has spurred changes to FICO, but how will those changes impact your real estate business, if at all? #114854649 / gettyimages.com FICO, aka the most prevalent credit-rating system in the U.S. and a key
It’s been an epic quest, wading through the market’s low inventory, but could the market finally be changing course? #108126479 / gettyimages.com “Low inventory” has, arguably, been the most persistent meme in the housing recovery; indeed, it’s rare to