Glenn Solberg

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Inventory

February 3, 2025 by Glenn Solberg

Filed Under: Weekly Report

Weekly Market Report

February 3, 2025 by Glenn Solberg

For Week Ending January 25, 2025 U.S. housing starts jumped 15.8% month-over-month to a seasonally adjusted annual rate of 1,499,000 units, but were down 4.4% from one year ago, according to the U.S. Census Bureau. Single-family starts climbed 3.3% month-over-month … Continue reading →

Filed Under: Weekly Report

Inventory

January 27, 2025 by Glenn Solberg

Filed Under: Weekly Report

Weekly Market Report

January 27, 2025 by Glenn Solberg

For Week Ending January 18, 2025 U.S. home prices increased 4.3% year-over-year in the third quarter of 2024, according to the Federal Housing Finance Agency House Price Index Quarterly Report. Home prices were up in 49 states on an annual … Continue reading →

Filed Under: Weekly Report

Inventory

January 21, 2025 by Glenn Solberg

Filed Under: Weekly Report

Weekly Market Report

January 21, 2025 by Glenn Solberg

For Week Ending January 11, 2025 Higher mortgage rates, coupled with rising sales prices, continue to impact buyer preferences for smaller homes. According to the U.S. Census Bureau, the typical single-family home under construction had a median floor area of … Continue reading →

Filed Under: Weekly Report

Inventory

January 13, 2025 by Glenn Solberg

Filed Under: Weekly Report

Weekly Market Report

January 13, 2025 by Glenn Solberg

For Week Ending January 4, 2025 U.S. pending home sales recently hit a 21-month high, rising 2.2% month-over-month, marking the fourth consecutive month in which contract signings increased, according to the National Association of REALTORS®. On a monthly basis, pending … Continue reading →

Filed Under: Weekly Report

Inventory

January 6, 2025 by Glenn Solberg

Filed Under: Weekly Report

Weekly Market Report

January 6, 2025 by Glenn Solberg

For Week Ending December 28, 2024 The typical homeowner has accumulated $147,000 in housing wealth over the last five years, according to a study by the National Association of REALTORS®. 87% of metropolitan markets (196 out of 226 tracked areas) … Continue reading →

Filed Under: Weekly Report

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