Although home price growth was stronger than expected during the second quarter, prices are likely to moderate and close out 2024 and 2025 at annual rates of 6.1% and 3.0%, respectively, according to the July 2024 commentary from the Fannie Mae (OTCQB:FNMA) Economic...
Fannie Mae (OTCQB: FNMA) announced a 3.2-point uptick in its Home Purchase Sentiment Index (HPSI) from May to June to a reading of 72.6. The HPSI is also up 6.6 points compared to the same time last year. In June, 19% of consumers surveyed for the HPSI data believed...
Existing home sales dipped by 0.7% in May to a seasonally adjusted annual rate of 4.11 million, according to new data from the National Association of Realtors (NAR). Sales were down 2.8% from the 4.23 million recorded in May 2023. As the sales level slipped, prices...
State legislatures fighting against property taxes, a California restaurant chain closing eateries and a stock market for Texas. From the wild and wooly world of real estate, here are the Hits and Misses for the week of June 3-7. Hit: Saying No to New Taxes. The...
The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index (HPSI) sank to an all-time low in May with a 2.5-point drop to 69.4. Last month, only 14% of consumers polled for the survey felt this is a good time to buy a home, down from 20% in the previous month, while...
xAI-Linked Company Reportedly Targets 418 Mississippi Homes Amid Noise Laws…
