Source: Reuters — WASHINGTON, Dec 20 (Reuters) – U.S. single-family homebuilding tumbled to a 2-1/2-year low in November and permits for future construction plunged as higher mortgage rates continued to depress housing market activity. The dour report...
Source: Yahoo! — SANTA ANA, Calif., December 20, 2022–(BUSINESS WIRE)–First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital...
Source: New York Times — As prices rise, higher mortgage payments follow, and after nearly three years of rapid home appreciation during the pandemic, qualifying for a home loan is more difficult than ever. Today’s buyers also face the additional cost of rising...
Source: Fortune — Nationally, home prices rose for 124 consecutive months between February 2012 and June 2022. Now we’re in reverse: Through September, the seasonally adjusted Case-Shiller National Home Price Index has posted three consecutive monthly declines....
Source: Yahoo! Finance — The year can’t end fast enough for folks in the housing market. After a blockbuster 18 months that ran from mid-2020 through the end of last year, 2022 seemed like a year almost everything went wrong for housing. And the monthly...
Source: Insider — The US housing market is under severe pressure, stocks might stage a year-end rally, and the Federal Reserve probably won’t raise interest rates much higher, a leading strategist has said. The NAHB/Wells Fargo Housing Market Index, which...
Illinois Home Sales and Inventory Decline While Median Price Rises
