Source:Forbes — Looking to buy a house, but think house prices are going crazy? You’re not wrong. Housing prices are rocketing upwards across the country, showing their biggest annual gain since 2005. Existing homeowners are adding to their housing wealth,...
Source: Barron’s — The median sales price of an existing home grew 23.6% annually in May to a record $350,300, according to data released Tuesday. The National Association of Realtors reported that the median sale price of a home in May rose at the...
Source: The Wall Street Journal — U.S. home prices in May experienced their biggest annual increase in more than two decades, as a shortage of properties and low borrowing rates fueled demand. The median existing-home sales price in May topped $350,000 for the...
Source: The Wall Street Journal — Americans took out more mortgages than ever before in 2020. Most of them didn’t come from banks. Nonbank mortgage lenders in the U.S. issued 68.1% of all mortgages originated in 2020, up from 58.9% in 2019, according to...
Source: Business Insider — Decades of chronic underbuilding left the US housing market with a colossal gap between consumer demand and nationwide supply, according to a new report from the National Association of Realtors. Home sales surged to a breakneck pace...
