May 11, 2023 This week’s decrease continues a recent sideways trend in mortgage rates, which is a welcome departure from the record increases of last year. While inflation remains elevated, its rate of growth has moderated and is expected to … Continue reading
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending April 29, 2023 Homeownership remains a key driver to building wealth. According to a recent report from the National Association of REALTORS®, middle-class homeowners saw the median value of their homes appreciate $122,070, or 68%, over the … Continue reading
Mortgage Rates Tick Down
May 4, 2023 This week, mortgage rates inched down slightly amid recent volatility in the banking sector and commentary from the Federal Reserve on its policy outlook. Spring is typically the busiest season for the residential housing market and, despite … Continue reading
March Monthly Skinny Video
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending April 22, 2023 A lack of existing-home supply has allowed U.S. homebuilders to capture a near-record share of housing inventory. According to the National Association of Home Builders (NAHB) Chief Economist Robert Dietz, one-third of current housing … Continue reading
The 30-year Fixed-rate Mortgage Continues to Inch Up
April 27, 2023 The 30-year fixed-rate mortgage increased modestly for the second straight week, but with the rate of inflation decelerating rates should gently decline over the course of 2023. Incoming data suggest the housing market has stabilized from a … Continue reading
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