What’s holding back the US housing market?
Still, that drop has done little to erase the eyewatering price gains of the COVID-19 pandemic, when an unanticipated market boom saw prices shoot through the roof amid feverish competition...
Homebuying sentiment hits survey low as affordability concerns mount
Despite that income growth, respondents remained pessimistic that home prices and mortgage rates would improve over the next 12 months. 42% expect home prices to rise further, while only 25%...
Where are buyers finding affordability in the US housing market?
“I think every single market looks different as it always does. I think it’s just maybe that people are feeling it a little bit more when we get in these...
Is America’s urban exodus continuing?
Trend surged at height of COVID-19 pandemic Source link
Single-family construction surges amid multifamily slowdown
Single-family permits rose 23.8% year-over-year in Q1 to around 240,500 units, with growth occurring across all major regional markets. In contrast, all multifamily regional permit metrics declined on an annual...
How are high mortgage rates affecting US homebuying activity?
More than six out of 10 mortgages across the US are rooted at rates below 4%, Freddie said, with fixed-mortgage-rate homeowners having locked in around $66,000 on average per household....
ATTOM: April foreclosure report reveals mixed trends
"April's foreclosure numbers highlight a mixed landscape in the US housing market," ATTOM chief executive officer Rob Barber said in the report. "While there is a general downtrend in foreclosure...
How can loan originators guide borrowers through a competitive market?
“Reaching out to the listing agent and doing a better job of due diligence as far as pre-underwriting a file, making sure we have all the documents in place so...