Every month, the housing industry gets another collection of national numbers. Home prices are up. Sales are down. Inventory is improving. Affordability is getting worse. Builder confidence moved. Mortgage applications changed. We report those numbers because they...
Alabama’s housing market heated up in July with 7,361 home sales, a solid 19.8% spike from one year before. Sales were also up by 3.1% from June. According to data from the Alabama Association of Realtors (AAR), July’s 22,006 active listings marked a post-pandemic...
The late-summer housing market is giving buyers something they have spent much of the past several years waiting for: leverage. Whether enough buyers can afford to use it is another question. New listings rose 0.4% from the previous week during the four weeks ending...
Iowa recorded 3,607 closed home sales in July, a 16% decline from the 4,304 transactions in the prior month and 4.2% jump from the 3,482 transactions from one year earlier. According to data from Iowa Realtors, the 3,232 pending transactions last month represented a...
For several years now, nearly every serious discussion about housing affordability has eventually arrived at the same conclusion: America needs more homes. I don’t disagree with that conclusion. What bothers me is how often we stop the conversation there, as...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
