For Week Ending April 27, 2024 Housing affordability improved for the second straight quarter, according to ATTOMS’s Q1 2024 Home Affordability Report, which found major homeownership expenses required 32.3% of the average national wage in the first quarter of the … Continue reading
Inventory
Weekly Market Report
Rates Increase Again and at a Key Moment for the Housing Market
May 2, 2024 The 30-year fixed-rate mortgage increased for the fifth consecutive week as we enter the heart of Spring Homebuying Season. On average, more than one-third of home sales for the entire year occur between March and June. With … Continue reading
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending April 20, 2024 U.S. residential housing starts unexpectedly declined as of last measure, falling 14.7% from the previous month to a seasonally adjusted annual rate of 1.32 million units, according to the U.S. Census Bureau. Building permits … Continue reading
Mortgage Rates Continue to Increase
April 25, 2024 Mortgage rates continued rising this week. Despite rates increasing more than half a percent since the first week of the year, purchase demand remains steady. With rates staying higher for longer, many homebuyers are adjusting, as evidenced … Continue reading
Existing Home Sales
New Listings and Pending Sales
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