For Week Ending April 22, 2023 A lack of existing-home supply has allowed U.S. homebuilders to capture a near-record share of housing inventory. According to the National Association of Home Builders (NAHB) Chief Economist Robert Dietz, one-third of current housing … Continue reading
Weekly Market Report
Inventory
Weekly Market Report
For Week Ending April 15, 2023 Baby boomers—people ages 58 to 76—now make up the largest share of buyers and sellers nationwide, according to the National Association of REALTORS® 2023 Home Buyers and Sellers Generational Trends Report. Baby boomers represented … Continue reading
Inventory
Weekly Market Report
For Week Ending April 8, 2023 Housing affordability is slowly improving, according to ATTOM’s Q1 2023 U.S. Home Affordability Report. Among the 572 counties analyzed, 94% of median-priced single-family homes and condos were less affordable than their historical averages in … Continue reading
Inventory
Weekly Market Report
For Week Ending April 1, 2023 The annual rate of US rent growth has continued to slow annually, with single-family rents increasing 5.7% as of last measure, the lowest level since spring 2021, according to Corelogic’s most recent Single-Family Rent … Continue reading
Inventory
Weekly Market Report
For Week Ending March 25, 2023 Mortgage interest rates declined for the third week in a row, with the 30-year fixed rate mortgage averaging 6.32% the week ending 3/30/23, the lowest level since mid-February, according to Freddie Mac. The drop … Continue reading