Half of all states have at least one city where starter homes costs begin at $1 million, according to new data from Zillow (NASDAQ: Z, ZG). Today, a starter home – defined for this analysis as being among those in the lowest third of home values in a market – is worth...
Homeowners, on average, made a 50.2% profit selling single-family homes and condos during the first quarter, according to new data from ATTOM. This is a decline of 3.2 percentage points from the previous quarter and a drop of 4.8 percentage points from the first...
Nearly one-third of first-time homebuyers settled into their new residences in a state of regret. According to a nationwide survey of 1,005 homeowners conducted by Guardian Service, 31% of first-time homebuyers admitted they experienced buyer’s remorse after buying...
Sales of new single-family houses in March were at a seasonally adjusted annual rate of 724,000, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. This is 7.4% above the February rate of 674,000 and is 6%...
Mortgage application activity dropped during the week ending April 18, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 12.7% on a seasonally adjusted basis from...
10-Year Treasury Yield Surges Above 5.05%, Highest Since 2007
