Rent prices were 9 percent higher in July than at the same time last year, evidence of a rental market recovery in full swing. Source:…
Posts published in “home prices”
The historically low level of inventory for sale suggests that any rate-related increase in sales will be muted due to the inadequacy of listings needed…
Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position. Source: Inman News
After five consecutive months of record home prices, the market appears to be plateauing, according to several key indicators. Source: Inman News
Most Americans don’t think prices will be higher in 12 months but that mortgage rates will rise, according to a new Fannie Mae survey. Source:…
California Association of Realtors blames lack of supply for “terrible consequences” on quality of life for potential buyers. Source: Inman News
Conditions should start to improve for buyers while remaining great for sellers if current trends hold, according to a new Redfin report. Source: Inman News
People who lost income during the pandemic are finding it hard to buy their first homes as real estate prices grew faster than incomes, according…
Investors purchased 67,943 U.S. homes during the second quarter, for a total value of $48.5 billion, the highest figure on record, according to Redfin. Source:…
Labor shortages, regulatory costs and high costs of materials continued to dampen builder confidence, but strong buyer demand helped moderately temper those challenges in July,…