For Week Ending January 27, 2024 Builder confidence continues to rise amid declining mortgage rates, climbing seven points to 44 in January, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The latest reading marks … Continue reading
Weekly Market Report
Inventory
Weekly Market Report
For Week Ending January 20, 2024 There were 4.9% more homes for sale on the typical day in December compared to the same period in 2022, according to Realtor.com’s December 2023 Monthly Housing Market Trends Report, marking the second consecutive … Continue reading
Inventory
Weekly Market Report
For Week Ending January 13, 2024 Fannie Mae’s Home Purchase Sentiment Index (HPSI) climbed nearly three points to 67.2 in December and was up 6.2 points year-over-year, according to the latest National Housing Survey®. The rise was attributed to increasing … Continue reading
Inventory
Weekly Market Report
For Week Ending January 6, 2024 Median priced single-family homes and condos were less affordable compared to historical averages in 99% of counties nationwide in the 4th quarter of 2023, according to ATTOM’s Q4 2023 U.S. Home Affordability Report. Major … Continue reading
Inventory
Weekly Market Report
For Week Ending December 30, 2023 U.S housing starts surged following the drop in mortgage rates, jumping 14.8% from the previous month to a seasonally adjusted annual rate of 1,560,000 units, according to the U.S. Census Bureau. The latest reading … Continue reading
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