January 12, 2023 While mortgage rates have resumed their decline, the market remains hypersensitive to rate movements, with purchase demand experiencing large swings relative to small changes in rates. Over the last few weeks latent demand has been on display … Continue reading
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending December 31, 2022 Rental prices are rising at the slowest pace in 19 months, with rents up 3.4% nationally as of last measure, marking the 10th consecutive month of slowing rent growth, according to Realtor.com’s recent Rental … Continue reading
Mortgage Rates Inch Up
January 5, 2023 Mortgage application activity sunk to a quarter century low this week as high mortgage rates continue to weaken the housing market. While mortgage market activity has significantly shrunk over the last year, inflationary pressures are easing and … Continue reading
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending December 24, 2022 Elevated mortgage rates continue to take a toll on the construction industry, with housing permits for new homes falling 11.2% in November, according to the Commerce Department. Housing starts were down 0.5% over the … Continue reading
November Monthly Skinny Video
October Monthly Skinny Video
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