A total of 67,394 single-family homes and condominiums were flipped in during the first quarter of this year, according to new data from ATTOM. This represented 8.3% of all home sales during the quarter, up from 7.4% in the previous quarter but down from 8.7% one year...
Homes sales during May marked the fourth consecutive month of increases, up 8.6% from April, according to data from RE/MAX. However, May sales were also 3.5% lower year-over-year. Across the 52 metro areas surveyed for RE/MAX’s report, the number of homes for sale...
Builder sentiment sank this month to its lowest reading since December 2022 and its third lowest since 2012. According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), builder confidence in the market for newly built...
Mortgage applications for new home purchases in May was down by 4.5% compared to one year ago, according to data from the Mortgage Bankers Association (MBA). On a month-over-month basis, applications decreased by 9%. MBA estimated that new single-family home sales...
The typical homebuyer’s down payment in April was $62,468, according to a new data report from Redfin (NASDAQ: RDFN). This is a roughly 1% year-over-year drop and the first annual decline since the summer of 2023. In percentage terms, the typical homebuyer puts down...
Fed Inflation Concerns Broaden as Barkin, Collins Back Restrictive Policy
