Current Market Data
Residential construction posted great numbers in July, with housing starts, building permits and housing completions all in positive territory. July was a sterling month for residential construction, with all measured tracked by the Census Bureau posting positive numbers for
The rapid rise in home prices has been one of 2013’s major economic stories, but there’s mounting evidence that those increases will slow down – and soon. If there’s been a poster child for the housing recovery, it’s been
Builder confidence continued its upward trend in August, rising to its highest mark since 2005. August has proven another sterling month for homebuilders, with the National Association of Home Builders/Wells Fargo Housing Market Index, the leading measure of builder
One of the more common housing memes, as of late, has been the end of suburbia: that because of the housing boom, and all the rampant suburban speculation that drove it, prospective homebuyers are opting for smaller units in
The second quarter was a spectacular one for Freddie and Freddie, but are such successes problematic for the government’s reform efforts? Fannie Mae and Freddie Mac had mighty good second quarters – not only did the GSEs post respective
The nation’s mortgage markets continued to improve in 2013’s second quarter, with the MBA’s report being one of its most positive. The mortgage markets improved in several notable ways in the second quarter, according to the latest National Delinquency
Is Chicago among the busiest housing markets in the U.S.? A new report from Redfin shows how the Windy City stacks up to the competition. What are the busiest housing markets in the U.S.? That question was at the
June was yet another banner month for home prices in CoreLogic’s Home Price Index, but could home price gains be slowing down? Home prices continued their sterling performance in June, rising 11.9 percent year-over-year in the latest Home Price
Residential construction spending continued to lead the pack in June, posting strong year-over-year gains in the latest Census Bureau report. Overall construction spending may have down in June, but it was another great month for residential construction spending, which
The housing market has grown in many interesting ways so far this year, and agents will have some interesting details to consider for 2013’s second half. The housing market has cut an encouraging path the last six months. What
Homebuyers have a number of worries regarding the housing market, as the summer draws to a close; what lengths would they go, though, for that dream house? Earlier this week, we reported on the seven things that worry homebuyers
The nation’s foreclosure markets continued to improve in June, according to the latest report from CoreLogic. CoreLogic’s National Foreclosure Report for June brought further good news to the housing recovery, with foreclosure inventory and completed foreclosures both showing encouraging
Everyone says that Millennial homebuyers offer a huge opportunity for housing, but now, we can finally put a number behind it – and it’s a big one. It’s no mystery that Millennial homebuyers have been missing in action thus
In the last year, we’ve entered a new world order in real estate, and homebuyers are facing a number of concerns as a result. It’s a new world out there in the U.S. real estate market. Gone are the
Pending home sales were at their third-highest level since 2006 in June, but are rising mortgage rates beginning to have an impact? Pending home sales were at their third-highest mark in more than six years in June, though industry
It’s the big question on everybody’s mind – will the rising mortgage rates of the last couple months produce a noticeable fall in home sales? Mortgage rates have been on the rise the last couple months. Since the beginning
