Home prices increased 0.7 percent between August and September of 2023, and were up 6.7 percent annually, according to a new report. Source: Inman News
Posts published in “mark fleming”
Economists revealed to Intel how mortgage rates and inflation will bring the spring homebuying market back toward historical norms and become the new sales benchmark…
Homebuyer affordability could improve by 9 percent by the end of next year if mortgage rates continue to fall and home prices plateau as expected,…
Median home sale prices exceed the house-buying power of would-be buyers in 19 of 50 markets, according to data released Tuesday by First American Financial…
Buyers and sellers face a new reality where bidding wars will be rare, days on market lengthen and markets go from boom to bust (and…
Housing costs were one of the biggest drivers of inflation in June, pushing higher at a pace unseen since 1990, according to a report Wednesday…
Affordability challenges mean some sellers are reducing asking prices, but demand for homes continues to outpace supply. Source: Inman News
Affordability challenges mean some sellers are reducing asking prices, but demand for homes continues to outpace supply, says First American Chief Economist Mark Fleming. Source:…
Despite record-high prices, homes remain much more affordable for buyers than they were in 2006. However, buying power has taken a big hit lately. Source:…
“Homebodies” — homeowners who don’t want to give up their rock-bottom mortgage rates and seniors choosing to age in place — are keeping home sales…