The National Association of Home Builders released its 2019 home trends and buyer preferences report, based on survey data from roughly 4,000 homebuyers.
In January, overall buying activity registered at 52 in the National Association of Realtors' Buyer Traffic Index, down 17 points annually, and essentially flat from the previous month.
A new study from ApartmentList finds that of all the metros studied, Denver had the biggest percentage increase in the number of renter households with annual income of $100,000 or more.
This week, government-backed lender Freddie Mac reported that the 30-year fixed-rate mortgage averaged 4.35 percent, a one-year low. The previous week, the rate was 4.37 percent.
Existing-home sales dropped to the lowest level in more than three years, in January 2019, down 1.2 percent over the previous month. Annually, sales were down 8.5 percent, per data from the National Association of Realtors.
During the week of Feb. 13, mortgage rates were flat, but they may rise after news of President Trump and Congress reaching a budget agreement and making progress in China trade talks.
American households annually earning $150,000 or more are the fastest-growing renter segment in the nation. Between 2007 and 2017, these households increased by 175 percent.
