Source: Calculated Risk —Â …We are seeing a clear slowing in the housing market, with more price reductions, more inventory, and fewer sales. It will take some time to see the impact on house price growth, but that is coming too. Next week, existing home...
Source: Eye on Housing —Â Year-to-date ending in May, single-family permits declined in three out of the four regions. The South posted a moderate increase of 1.0% while the Northeast region reported the steepest decline of 11.7%. The Midwest declined by 11.2%...
Source: Keeping Current Matters — With so much talk about an economic slowdown, some people are asking if the housing market is heading for a crash like the one in 2008. To really understand what’s happening with real estate today, it’s important to lean on the...
Source: Fox Business — The average size of a home purchase loan has pulled back from its record high as demand for mortgage applications fell for the second straight week. According to the Mortgage Bankers Association, the average purchase loan size fell to...
Source: World Property Journal —Â The National Association of Home Builders chairman Jerry Konter issued the following statement in response to this week’s House Ways and Means Committee Hearing, Nowhere to Live: Profits, Disinvestment, and the American...
Source: NAHB — The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter, posting a reading of 77, declining 10 points compared to the second quarter of 2021. “Although most remodelers...
