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...
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 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...
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...
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....