Mortgage Applications Decrease Slightly in Latest Survey
Wed, 25 Apr 2018 12:31:30 GMT
Mortgage applications decreased 0.2 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending April 20, 2018.
Inventory Plummets in Lower Price Points
Wed, 25 Apr 2018 12:31:00 GMT
Homes priced under $100,000 plunged 20.7 percent in March month over month, and the percentage of homes under $250,000 has dropped 7.8 percent, according to N.A.R.'s latest housing report.
Home Sales Should Be Higher—But They're Not
Wed, 25 Apr 2018 12:30:30 GMT
The U.S. should be adding more than a million households each year for the next few years but higher housing costs and a delay in younger adults' buying are prompting an uptick in shared living arrangements, multigenerational households, and delayed household formation.
17% of Adults Plan to Buy Home in Next 12 Months
Wed, 25 Apr 2018 12:29:59 GMT
According to NAHB, seventeen percent of poll respondents in the first quarter of 2018 said they are planning to buy a home within the next 12 months.
More People Toured Homes in March, Fewer Made Offers
Tue, 24 Apr 2018 12:01:16 GMT
The Redfin Housing Demand Index fell 6.5 percent month over month to 105 in March, the second consecutive month of declines this year.
New Home Sales Increase More Than Expected
Tue, 24 Apr 2018 12:00:46 GMT
Sales of new U.S. single-family homes increased more than expected in March as sales in the West surged to their highest level in more than 11 years.