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Fannie Mae: Examining “a Divergence in Housing Affordability”

07.09.2019

Mounting concerns over supply and affordability are driving down consumers' home purchase decisions, according to the latest Fannie Mae Home Purchase Sentiment Index (HPSI).

Housing Market Primed for Sellers?

06.25.2019

The number of Americans that believe now is a good to sell jumped in Q2 2019 to 46%, according to information by the National Association of Realtors (NAR)

Mortgage Rates Leveling Off

06.20.2019

Freddie Mac’s Primary Mortgage Market Survey (PMMS) reveals mortgage rates have stabilized, with the most recent 30-year fixed rate mortgage coming in near 3.8% for the third-consecutive week.

The Best States for Homeowners

06.14.2019

While Iowa may have the lowest housing costs, and West Virginia has the highest homeownership rate, Massachusetts is ranked as the best place to live overall, according to a recent study from WalletHub. Based on five main indicators: affordability, economy, education and health, quality of life, and safety, Wallethub determined which states were the “best places to live.”

The Pendulum Swing Between Rental and Homeownership

06.06.2019

Demand for homeownership is waning as more residents prefer renting over buying a home, according to the latest national index produced by the Florida Atlantic University (FAU) and Florida International University faculty.

Analyzing Housing Affordability

05.29.2019

Housing affordability is a growing issue, and according to the latest National Association of Home Builders (NAHB) Home Building Geography Index (HBGI), exurbs—outlying counties of large metro areas with at least 1 million residents—were the only region that registered single-family permit growth on a year-over-year basis in Q1 2019.

How Vacancy Impacts Home Sales

05.21.2019

Vacant homes sell for less and take longer to sell, according to a recent report from Redfin. Redfin’s analysis revealed that vacant homes sell for $11,306 less and spend six more days on the market than comparable occupied homes.

New Month, New Direction for Mortgage Rates

05.10.2019

Mortgage rates dipped for the second consecutive week in May after weeks of steady increases in March and April, according to Freddie Mac’s Primary Mortgage Market Survey.

Good News, Bad News From Pending Home Sales Data

05.01.2019

The National Association of Realtors (NAR) Pending Home Sales Index reported contract signings fell 1.2% year-over-year in March, making March the 15th straight month of annual decreases.

2019’s Improved Housing Outlook

04.26.2019

he housing market in 2019 may be stronger than originally predicted, according to a recent report from realtor.com. The site’s updated 2019 housing forecast indicates a shift in the economic outlook. A higher home price growth of near 3 percent, stronger homes sales and a slower pace of monetary tightening may lead to lower mortgage rates of 4.5 percent by the end of the year.

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