The real estate market going into the late spring has proved to be somewhat disappointing. While February initially saw a surge of buying, as tends to happen when the spring arrives, those numbers declined in March, and remain suppressed despite…
The real estate market is seeing two very different trends coming to a head at the same time, with very different results. On the one hand, the residential real estate market is continuing to be squeezed by a lack of…
A recent report from CoreLogic announced that the number of homes that are underwater — that is, when the home’s value is less than the amount owed on the house — decreased while homeowner equity has risen. According to CoreLogic,…
The most recent National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) came out and it showed that less than four in 10 new and existing homes — 37.7%, to be exact — that were sold in the…
Demand for new mortgages has begun to dip slightly as interest rates once again rose above 7%, thanks to a better economic outlook. Refinancing on mortgages, meanwhile, ticked up somewhat, although this is due in part to how low the…
The real estate market is seeing signs of significant recovery after more than a year of issues due to high interest rates and low inventory. Demand for new housing is on the upswing, and home builders are cautiously optimistic about…