Monday, November 11th, 2024

For Week Ending November 2, 2024 U.S. housing starts edged down 0.5% from the previous month to a seasonally adjusted annual rate of 1.35 million units, according to the U.S. Census Bureau. Single-family housing starts rose 2.7% to a seasonally … Continue reading

Posted in Weekly Report |
Monday, November 4th, 2024

For Week Ending October 26, 2024 Millennials—people ages 28 to 43—make up the largest share of homebuyers nationwide, according to the National Association of REALTORS® 2024 Home Buyers and Sellers Generational Trends Report. Millennials comprised 38% of buyers in transactions … Continue reading

Posted in Weekly Report |
Monday, October 28th, 2024

For Week Ending October 19, 2024 The number of homes for sale continues to grow nationwide, with Realtor.com reporting there were 34% more homes actively for sale in September compared to the same time last year. This marks the 11th … Continue reading

Posted in Weekly Report |
Monday, October 21st, 2024

For Week Ending October 12, 2024 According to the Mortgage Bankers Association, the median mortgage application payment was $2,057 in August, down from $2,140 in July, marking the fourth consecutive month affordability conditions improved. Mortgage rates are down significantly from … Continue reading

Posted in Weekly Report |
Monday, October 14th, 2024

For Week Ending October 5, 2024 According to the National Association of REALTORS® 2023 Profile of Home Buyers and Sellers, buyers moved a median distance of 20 miles to their new home last year, down from 50 miles the year … Continue reading

Posted in Weekly Report |