Economics What Rising Inflation Means for the Housing Market Price inflation increased 5% last month compared to 12 months ago, and its effect on housing could worsen the highly competitive market. The...
Financials Collective Home Values Increased $2 Trillion in 2021 So Far Historic increases in home values added tens of thousands of dollars to the average homeowners’ equity. CNBC reports equity advanced 20%...
Financials Mortgage Rates Drop, But Not Enough to Boost Mortgage Applications Mortgage application volume, refinancing applications, and mortgage rates took a hit last week compared to the previous week, reports CNBC....
Market Data + Trends Existing Home Sales Fall for Third Consecutive Month Existing single-family home sales dropped in April for the third consecutive month as a result of historically low inventory, reports...
Financials Mortgage Demand Pulls Back as Average Mortgage Passes $400,000 Higher home prices mean higher mortgages and buyers today are now applying for $411,400 mortgages on average, the highest since February....
Market Data + Trends Bidding Wars are Top Reason Keeping Buyers From Purchasing More active homebuyers are struggling to purchase due to bidding wars and less due to affordability. The National Association of Home...
Construction Regulatory Costs Account for 23.8% of New-Home Prices Housing regulations during development and construction account for $93,870 or 23.8% of the total median sales price of a new home,...
Housing Policy + Finance How Capital Gains Tax Reform Could Help Struggling Buyers The current housing market continues to spiral with few homes for sale and hungry buyers, pushing home prices up and buyer hopes down, but...
Financials The Resmark Companies Wants to Buy Your Model Homes On this installment of The Weekly, learn how The Resmark Companies' new model home sale-leaseback program works for large volume builders,...
Market Data + Trends Homebuyers Are Paying More for Existing Homes Than New Ones Limited housing stock and insatiable demand are causing homebuyers to pay more for existing homes than newly built ones. This marks the...
