The latest data from the Mortgage Bankers Association (MBA) recorded an uptick in mortgage application activity for the week ending July 7. The Market Composite Index, a measure of mortgage loan application volume, was up by 0.9% on a seasonally adjusted basis from...
The typical U.S. home value rose above the $350,000 mark for the first time in June, according to new data from Zillow (NASDAQ:Z, ZG). Last month, the typical home value reached $350,213, up 1.4% from and almost 1% higher than the level set in June 2022. Home values...
Rental housing residents of Overland Park, Kansas, may want to borrow a line from the state’s most famous big screen character and chant “There’s no place like home” – their city was named the best for renters in a new data study by WalletHub. In the study, WalletHub...
The absence of housing inventory was the most significant factor that prevented potential buyers from making home purchases in 2022, according to a new survey by the National Association of Realtors (NAR) of its membership. Roughly one-third (32%) of realtors cited...
The annual U.S. single-family home price growth slowed for the 12th straight month in May, according to new data from CoreLogic. However, which the growth rate only represented a 1.4% increase year-over-year – the lowest rate in 11 years – it also affirmed the 136th...