Category: This Week In Real Estate
This Week In Real Estate – December 3, 2023
This Week In Real Estate – December 3, 2023. The S&P CoreLogic Case-Shiller National Home Price Index was released, this week in real estate, revealing sustained acceleration in U.S. home price growth throughout September, marking the eighth consecutive month of increases. Year to date, home prices nationally have risen 6.1 percent, much more than the index’s median... Read More
This Week In Real Estate – November 26, 2023
This Week In Real Estate – November 26, 2023. The Economic and Strategic Research Group of Fannie Mae projected, this week in real estate, a near-term decline in existing home sales, anticipating a gradual uptick over the course of 2024. Their forecast also predicts a regression of mortgage rates from recent peaks, with an expected... Read More
This Week In Real Estate – November 19, 2023
This Week In Real Estate – November 19, 2023. Freddie Mac highlighted, this week in real estate, a consistent downward trend in mortgage rates, marking the third consecutive week of decline to their lowest point since late September. Specifically, the average rate for a 30-year fixed-rate mortgage decreased from 7.50% to 7.44% compared to the... Read More
This Week In Real Estate – November 12, 2023.
This Week In Real Estate – November 12, 2023. The Mortgage Bankers Association reported, this week in real estate, that mortgage rates experienced a significant decline of a quarter percent to the largest one-week decrease since November 2022. This marks the second straight week of falling rates, following seven consecutive weeks of increases. Consequently, there... Read More
This Week In Real Estate – November 5, 2023
This Week In Real Estate – November 5, 2023. The U.S. Federal Reserve voted, this week in real estate, to maintain its short-term federal funds interest rate, marking the second consecutive meeting without an increase as the central bank carefully assesses incoming data. The next monetary policy gathering is slated for December. According to the... Read More
This Week In Real Estate – October 29, 2023
This Week In Real Estate – October 29, 2023. The U.S. Department of Housing and Urban Development and the Commerce Department reported, this week in real estate, that the new home market experienced an impressive surge, with newly built, single-family home sales skyrocketing 12.3 percent compared to the previous month and a remarkable 33.9 percent... Read More
This Week In Real Estate – October 22, 2023
This Week In Real Estate – October 22, 2023. ATTOM released its Q3 2023 U.S. Home Sales Report, this week in real estate, showing gross profits on typical single-family home and condo sales across the country rose 5 percent quarterly, to $129,900, and were up 3.2 percent annually. The improvement in typical profit margins, from... Read More
This Week In Real Estate – October 15, 2023.
This Week In Real Estate – October 15, 2023. Fannie Mae released its Q3 2023 Home Price Index, this week in real estate, showing home price growth of 5.3 percent from Q3 2022 to Q3 2023. That is up from the Q2 2023 revised annual growth rate of 2.9 percent over Q2 2022. On a... Read More
This Week In Real Estate – October 01, 2023
This Week In Real Estate – October 01, 2023. ATTOM released its third quarter U.S. Home Affordability Report, this week in real estate, showing that affordability has been exacerbated across the nation amid a third-quarter increase in home prices and home mortgage rates. The nationwide median price of single-family homes and condos is up 2... Read More
This Week In Real Estate – September 24, 2023
This Week In Real Estate – September 24, 2023. Mortgage interest rates held steady this week in response to the Federal Reserve’s much-expected decision to not raise the benchmark interest rate. According to Freddie Mac, the average rate for a 30-year fixed-rate was 7.19 percent compared to 7.18 percent the prior week. The National Association... Read More