High Mortgage Rates Scare Away Potential Homebuyers – Housing Market Review
Mortgage rates eclipsed 7% in late October 2022, their highest in over 20 years. This has discouraged countless potential buyers from purchasing a home and...
Category: Housing Market
Housing Affordability
Series 2 of 2: Home Prices Fall for the First Time in 10 Years Ever since the housing market plummeted in the 2008 Great Recession, houses...
Bond Yields Fluctuate As Fed Hikes Rates
Overall bond yields fell in July, as uncertainty surrounding the economic environment was more concerning than inflationary pressures. The yield on the 10-year Treasury bond...
Household Wealth Skewed Towards Homes
Household wealth data released by the Federal Reserve showed that U.S. household net worth climbed to over $149 trillion in the first quarter of 2022....
States That Lost & Gained Population During The Pandemic
As Covid infections swept the nation in 2020 and 2021, states differed on restrictions and guidance surrounding the pandemic, encouraging many to migrate to another...
Record Mortgage Issuance Expected To Continue…For Now
A robust housing market led to a record number of mortgages issued in 2020, with over $4 trillion in mortgage loans issued as reported by...
Rates Start Their Steady Climb
Various fixed income analysts expect a reversal in downward trending rates as the Fed prepares to start raising short term rates as early as the...
Housing Update
As home prices have soared over the past year and housing inventories fallen, more and more families are being forced to rent rather than own....
Consumer Awareness July 2021
As home values have increased, so has the need to review insurance policies to be certain that appropriate coverage is in force. It is recommended...
Higher Home Prices Create Affordability Challenges For Buyers
Home prices rose at the fastest pace since 2005, rising 12.6% nationwide over the past year. All 50 states saw a rise in home prices...