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June 11, 2023, 6:00 pm By Logan Mohtashami
After seeing disappointing inventory growth two weeks ago, which I chalked up to the Memorial Day holiday, I was hoping for a big push in active listings last week, but that didn’t happen. And, the recent uptick in ...
May 14, 2023, 6:02 pm By Logan Mohtashami
The rise of active listings in this spring housing market reminds me of a zombie slowly rising from its grave. Yes, we found the seasonal bottom for housing inventory on April 14, but ...
BY BEN VERDE
March 31, 2023
Homebuyers are returning to the market in droves as mortgage rates and home prices gradually tick down, according to new data released Friday by Redfin.
Mortgage applications increased in each of the past four weeks over a period ending March 26, according to ...
April 14, 2023, 4:45 pm By Jessica Lautz
The monthly Realtors Confidence Index is an essential measure of what real estate professionals are seeing in their local markets and how the market is evolving on a monthly basis. The National Association of Realtors Research Group has produced the ...
April 25, 2023, 4:29 pm By Logan Mohtashami
Why are the homebuilder stocks up so much? Don’t they know the new home sales apocalypse is here? You know, the one that says we have too much inventory and millions of vacant homes in the ...
March 21, 2023, 11:37 am By Brooklee Han
After 12 months of declines, existing home sales rebounded in February, climbing 14.5% month over month to a seasonally adjusted annual rate of 4.58 million homes, according to a report from the National Association of Realtors ...
Temperatures are slowly starting to rise in many parts of the country as we head into spring — and so is homebuilder sentiment, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report ...
December 7, 2022, 4:57 pm By Logan Mohtashami
Since the weaker CPI data was released in November, bond yields and mortgage rates have been heading lower. The question then was: What would lower mortgage rates do to this data? Now, with five weeks of data in front ...
December 8, 2022, 2:12 pm By Flávia Furlan Nunes
Mortgage rates continued the downward trend this week amid signs that the U.S. economy is cooling down due to the tightening monetary policy. The recent declines, however, have not been enough to convince borrowers to take out ...
The unemployment rate was at 3.7% in October. The unemployment rate is down from 14.7% in April ...