Category: Foreclosures
Decline in US Home-Price Growth Amidst High Interest Rates
January 30th, 2024
The latest data for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices, reveal a deceleration in the upward trend for November 2023. Out of the 20 major metro markets, 12 reported month-over-month price decreases. Year-Over-Year Analysis The …Read more »
Will the Housing Market Boom as Builder Sentiment Surges?
January 17th, 2024
Mortgage rates dipping below 7% in the last month triggered a significant surge in builder confidence at the onset of the new year. According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), builder confidence in …Read more »
Housing Market News 2024: Today’s Market Update
January 2nd, 2024
The housing market is an ever-evolving and dynamic sector that affects the economy and the lives of people worldwide. As we move into 2024, the latest housing market news is of utmost importance to individuals and businesses alike. Whether you …Read more »
Housing Market Shows Signs of Resilience Despite Headwinds
December 26th, 2023
The US housing market has shown remarkable resilience in recent months, defying predictions of a downturn. In September, the U.S. CoreLogic S&P Case-Shiller Index increased 3.9% year-over-year, marking the third consecutive month of annual gains following two months of declines. …Read more »
Fannie Mae Improves its Housing Market Predictions for 2023
December 4th, 2023
The 2023 housing market predictions by Fannie Mae provide a glimpse into a market navigating through challenging waters. Despite the hurdles posed by soaring mortgage rates, the housing market has demonstrated resilience. However, caution is essential as we move into …Read more »
2023 Housing Market Predicted to Have Fewest Sales Since 2008
November 30th, 2023
The housing market is experiencing a significant slowdown, with economists predicting that 2023 will be the slowest year for home sales since the 2008 housing bubble burst. According to a recent report by Fox Business, the housing market is facing …Read more »
Home Prices Grow by 6.6% Despite High Mortgage Rates in 2023
November 29th, 2023
In a surprising turn of events, housing prices have experienced a remarkable surge of 6.6% since January, defying the odds posed by escalating mortgage rates. This upward trajectory, highlighted by the S&P CoreLogic Case-Shiller Index, reveals a robust 3.9% increase …Read more »
How 8% Mortgage Rates are Impacting the US Housing Market in 2023
November 24th, 2023
The housing market in 2023 is facing a perfect storm of challenges that is sending shockwaves throughout the industry. Housing prices have been soaring, supply is painfully tight, and to add to the chaos, the 30-year fixed mortgage rate has …Read more »
Houston’s Homes Sales Show Resilience with Minor Dip in October 2023
November 21st, 2023
Despite facing its 19th consecutive month of year-over-year declines in home sales, Houston's housing market exhibited resilience in October 2023, marking the smallest dip of the year. The Houston Association of Realtors reported that single-family home sales, totaling 6,377, experienced …Read more »
