June 29, 2023 Mortgage rates have hovered in the six to seven percent range for over six months and, despite affordability headwinds, homebuyers have adjusted and driven new home sales to its highest level in more than a year. New … Continue reading
May Monthly Skinny Video
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending June 17, 2023 The number of homes available for sale increased 20.8% annually in May, according to Realtor.com’s Monthly Housing Market Trends Report, driven largely by gains in the South, where inventory rose 54.4% year-over-year. Housing supply … Continue reading
Existing Home Sales
Mortgage Rates Continue to Slide Down
June 22, 2023 Mortgage rates slid down again this week but remain elevated compared to this time last year. Potential homebuyers have been watching rates closely and are waiting to come off the sidelines. However, inventory challenges persist as the … Continue reading
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending June 10, 2023 Home price growth has slowed to its lowest rate on record since 2016, according to the latest Realtor.com Monthly Housing Trends Report. The U.S. median list price rose 2.56% month-over-month to $441,000 in May, … Continue reading
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