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ATTOM: Affordable Homeownership Opportunities Continued to Evaporate During Q3

ATTOM: Affordable Homeownership Opportunities Continued to Evaporate During Q3

by Phil Hall | Sep 28, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The absence of affordable homeownership opportunities worsened during the third quarter, according to new data from ATTOM. Increasing home prices and mortgage rates have resulted in a new environment where the typical portion of average wages nationwide required for...
Fewer Homes Being Sold, Albeit with Higher Prices

Fewer Homes Being Sold, Albeit with Higher Prices

by Phil Hall | Sep 26, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new housing data reports issued this morning determined there were fewer new single-family homes being sold while the residential properties being purchased were priced higher. Sales of new single‐family houses during August were at a seasonally adjusted annual...
Existing Home Sales Drop While Prices Keep Rising

Existing Home Sales Drop While Prices Keep Rising

by Phil Hall | Sep 21, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales in August were down 0.7% from July to a seasonally adjusted annual rate of 4.04 million, according to data from the National Association of Realtors (NAR). Year-over-year, sales dropped by 15.3% from the 4.77 million recorded in August 2022. While...
CoreLogic: Home Prices Up 2.5% for July

CoreLogic: Home Prices Up 2.5% for July

by Phil Hall | Sep 12, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

U.S. home price gains were up 2.5% year-over-year in July, according to new data from CoreLogic. This represented the 138th consecutive month of annual growth. The median nationwide sales price for a single-family home was $375,000 in July. Within the states, the most...
Today’s Housing Market: More Mortgages, Higher Prices, Fewer Delinquencies

Today’s Housing Market: More Mortgages, Higher Prices, Fewer Delinquencies

by Phil Hall | Aug 31, 2023 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Three new data reports have concluded that more people are taking out mortgages and are willing to pay more for their properties, while fewer people who already own homes are having problems paying back their home loans. Uptick in Lending: ATTOM’s 2023 U.S....
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