Current Market Data
Another 16% of U.S. residents would consider leaving the country if their candidate loses, up from 9% in 2016.
A new report from CoreLogic shows that record-low interest rates and a spike in lower-risk refinance originations have driven the trend.
The new S&P CoreLogic Case-Shiller Home Price Index reveals record-breaking August for home sales, up 21% over the 2006 pre-Great Recession high.
A new report from Coldwell Banker Global Luxury captures the changing demographics and preferences of luxury buyers.
“It’s almost as if the housing market and the overall economy are operating in different worlds.” — Todd Teta, chief product officer at ATTOM Data Solutions
Home sales soared 20.9% year over year to 6.5 million in September, according to the National Association of Realtors.
The median price of a single-family home on the market in Massachusetts was up nearly 20% compared to a year ago.
National Association of Realtors Chief Economist Lawrence Yun called September’s rise in housing starts “welcome news.”
“The slight decline in bidding wars (nationally) is largely a reflection of a seasonal cooldown, which typically starts in the late summer but was delayed by a few months this year,” said Redfin chief economist Daryl Fairweather.
A new report from CoreLogic shows U.S. single-family rent price growth is moving toward stabilization.
“Sellers are responding to market demand listing their house, but inventory keeps dropping as buyer demand is at an all-time high,” — CCIAOR Ceo Ryan Castle
Homesellers continued to sell homes to each other in September, making the market resemble a game of ‘housing musical chairs,’ according to First American chief economist Mark Fleming.
“Increasing house price appreciation in suburban zip codes points to higher demand relative to supply in the suburbs but does not necessarily indicate what’s fueling the demand,” the study notes.
Four months into the pandemic, the 120-day delinquency rate for July spiked to 4.1%, the highest rate in more than 21 years and double the December 2009 Great Recession peak.
The work from home phenomenon — and the need for a dedicated home office— is driving demand for more space among both buyers and renters.
The suburbs are becoming more alluring to residents of major cities as the COVID-19 pandemic continues into autumn.
