For Week Ending December 16, 2023 47.4% of mortgaged residential properties were considered equity-rich—having at least 50% equity in one’s home—in the third quarter of 2023, according to ATTOM’s Q3 2023 U.S. Home Equity and Underwater Report. This marks a … Continue reading
December 21, 2023 The 30-year fixed-rate mortgage remained below seven percent for the second week in a row, a welcome downward trend after 17 consecutive weeks above seven percent. Lower rates are bringing potential homebuyers who were previously waiting on … Continue reading
For Week Ending December 9, 2023 Nationally, the number of homes actively for sale remained mostly stable in November, climbing 0.7% year-over-year and 2.4% from the previous month, according to Realtor.com’s November 2023 Monthly Housing Market Trends Report. In addition, … Continue reading
The median sales price increased 2.0% to $362,000 Signed purchase agreements fell 1.5%; new listings up 5.3% Market times flat at 40 days; months’ supply up 10.5% to 2.1 months (Dec. 15, 2023) – According to new data from Minneapolis … Continue reading
