Booming home price growth and dwindling inventory has negatively impacted buyer sentiment, according to Fannie Mae’s latest Home Purchase Sentiment Index. Source: Inman News
Posts published in “Markets & Economy”
The number of sellers who choose to cut their listing price has dropped by a third over the last year, but a Zillow report found…
The idea that the city is for condos and the suburbs are for homes is not reflective of a market in which suburban condo sales…
Rising home equity has increased demand in the cash-out refinance market. But taking out cash against a home isn’t always the smartest idea. Source: Inman…
The last time home prices increased by so much was in May 2005, according to the latest CoreLogic Home Price Index report released on Tuesday. Source:…
The number of new agents entering the New York City market rose 7 percent in May as the city continues its economic recovery, according to…
Home prices in most counties in a recent study were less affordable than their historical averages as price growth outpaced rising wages. Source: Inman News
Asian American homeownership rates lag in numerous major cities including New York, Los Angeles and Boston. Source: Inman News
Demand for purchase mortgages fell last week to the lowest level since May 2020, which could be a sign first-time homebuyers are getting squeezed out…