Three leading economists share what existing-home sales reveal about the market and how to properly use statistics to make client decisions. Source: Inman News
Posts published in “mark fleming”
National home prices were up 14.8 percent from a year ago, “wiping out any affordability boost” from rising household income and low mortgage rates, said…
Potential existing-home sales rose to an adjusted annual rate of 6.31 million in April, up 1.3 percent from March, according to First American Financial’s Potential…
CoreLogic expects national home price appreciation to cool to 3.5 percent by next year. Here are some markets the company says are at risk of…
First American’s “real house price index” surged in certain cities as the median income plummeted while home prices rose. Source: Inman News
New data from the Census Bureau indicates that the homeownership rate surged to its highest point since the third quarter of 2008, but a change…
Even as home prices continue to appreciate, consumers have more spending power due to low mortgage rates, according to a survey by First American. Source:…
First American’s chief economist emphasized the downside of plummeting mortgage rates. “Why move when you can lock in at less than 3 percent in a…
The average 30-year mortgage hit a new all-time low of 3.07 percent this week, according to data from Freddie Mac released Thursday. Source: Inman News
Sam Khater, chief economist at Freddie Mac, believes we’re starting to see American metros becoming more like European cities, where low- and middle-income individuals live…