Pending home sales in December dropped by 9.3% from the prior month and were down by 3.0% from the previous year, according to data from the National Association of Realtors (NAR). On a regional basis, pending home sales were down in all four regions on a...
President Trump issued an executive order on Tuesday evening that directed federal agencies to stop backing loans and offering incentives that would enable institutional investor purchases of single-family homes. “A growing share of single-family homes, often...
Mortgage application activity was on the rise thanks mainly to an upswing in refinance inquiries fueled by declining mortgage rates, according to data from the Mortgage Bankers Association (MBA) for the week ending Jan. 16. The Market Composite Index, the MBA’s...
A new report from First American Data & Analytics, a division of First American Financial Corporation (NYSE: FAF), showed home price acceleration came to a near halt during 2025. The company’s December 2025 Home Price Index found a -0.2% change from November...
Builder confidence in the market for newly built single-family homes began 2026 with a downturn, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). For January, the HMI fell two points to 37, well below the 50-mark...