For Week Ending May 11, 2024 The trend toward building smaller homes continues, as America’s homebuilders respond to demand for more affordable housing. According to the U.S. Census Bureau, median single-family home sizes declined 4% annually in 2023 to 2,179 … Continue reading
May 16, 2024 Mortgage rates decreased for the second consecutive week. Given the news that inflation eased slightly, the 10-year Treasury yield dipped, leading to lower mortgage rates. The decrease in rates, albeit small, may provide a bit more wiggle … Continue reading
Listings are up more than sales meaning buyers are seeing more options Signed purchase agreements rose 8.5%; new listings up 20.9% The median sales price increased 4.1% to $385,250 Market times fell 2.2% to 45 days; inventory up 14.1% to … Continue reading
For Week Ending May 4, 2024 The best time to sell a home is in the first half of the year, according to a new report from ATTOM. An analysis of more than 59 million home sales from 2011 to … Continue reading
May 9, 2024 After a five week climb, mortgage rates ticked down following a weaker than expected jobs report. An environment where rates continue to hover above seven percent impacts both sellers and buyers. Many potential sellers remain hesitant to … Continue reading
