Source: Keeping Current Matters — As people realize their needs are changing, some are turning to luxury housing to find their dream home. Investopedia helps define what pushes a home into this category. In a recent article, they point out that a luxury home...
Source: Housing Wire — We are at the point of the economic cycle where I really just get two questions: Are we going into recession and are home prices about to fall? I am going to do my best to try to make sense of what is happening with the housing market...
Source: Redfin — The median monthly asking rent in the U.S. surpassed $2,000 for the first time in May, rising 15% year over year to a record high of $2,002. That’s on par with April’s annual increase of 15%, but a slowdown from March’s 17% gain. “More people...
Source: World Property Journal — Based on ATTOM’s first-quarter 2022 U.S. Residential Property Mortgage Origination Report, 2.71 million mortgages secured by residential property (1 to 4 units) originated in the first quarter of 2022 in the United States....
Source: Fannie Mae — WASHINGTON, DC – The Fannie Mae (FNMA/OTCQB) Home Purchase Sentiment Index® (HPSI) remained relatively flat in May, decreasing by only 0.3 points but inching nearer its 10-year- and pandemic-low of 63.0 from April 2020. Surveyed consumers...
Source: Housing Wire — Blink and you’ll miss your dream home. So few single-family homes are for sale in America that just two months of inventory is available across the top 100 metro areas in the country, a historic low. That’s according to Black Knight,...
