Highest Potential SFR Returns in Indian River, Collier, Wayne, Mercer, Charlotte Counties; Best Returns Concentrated in South, Midwest and Northeast, Lowest in West; Rental Returns Increase From 2022 in About 90 Percent of Counties Analyzed, Reversing Years of Decline
Newsfeed: ATTOM Ranks Best Counties For Buying Single-Family Rentals In 2023 Read More »
The average rate on the popular 30-year fixed mortgage dropped to 6.57% on Monday, according to Mortgage News Daily. That’s down from a rate of 6.76% on Friday and a recent high of 7.05% last Wednesday.
Newsfeed: Mortgage rates tumble in the wake of bank failures Read More »
Despite a recent softening in the US housing market, a combination of rising borrowing costs and still-high prices have put prospective first-time homebuyers in a serious bind.
Newsfeed: First-Time Homebuyers Are Absolutely Screwed Right Now Read More »
The average rate on the 30-year fixed mortgage jumped back over 7% on Thursday, rising to 7.1%, according to Mortgage News Daily.
Newsfeed: Mortgage rates jump back over 7% as inflation fears drive yields higher Read More »
Existing home sales plunged, new home sales surged… so today’s pending home sales print will be the decider over what level of bloodbathery is really occurring in the US housing market.
Newsfeed: US Pending Home Sales Explode Higher In January Read More »
The total value of U.S. homes was $45.3 trillion at the end of 2022, down 4.9% ($2.3 trillion) from a record high of $47.7 trillion in June.
Newsfeed: U.S. Homeowners Have Lost $2.3 Trillion In Value Since June Peak Read More »
Existing home sales had fallen for a record 11 straight months ahead of this morning’s print for January, which consensus expected to reveal a 2% MoM rebound. However, existin home sales for January actually tumbled 0.7% MoM (well below the 2.0% jump expected) and the record 12th straight monthly decline with December’s 1.5% decline actually revised even worse to -2.2% MoM…
Home prices are going up across the country — in aggregate. Looking at individual markets, however, some are showing prices have fallen from a year ago.
Newsfeed: Existing Home Sales Lowest in 12 Years, But It Could Be Worse Read More »
Home prices are going up across the country — in aggregate. Looking at individual markets, however, some are showing prices have fallen from a year ago.
Newsfeed: Prices for single-family homes are falling in these cities Read More »
Housing Starts and Permits have declined for 3 straight months but today’s data for January was expected to be more mixed with permits rebounding modestly while starts continue to decline (all while homebuilder sentiment expectations soars by the most ever).
Newsfeed: Housing Starts & Building Permits Weakest Since COVID Lockdowns Read More »