“This holiday season, homeowners are the ‘grinches,’ hoarding housing supply from willing buyers and keeping upward pressure on prices," said Mark Fleming, Chief Economist at First American. But the question remains: Will the New Year offer discouraged homebuyers more hope?
Read More »Home Prices Hit New Peak as ‘Supplier’s Strike’ Continues
October sale prices indicated that the lack of housing supply is constraining market and frustrating homebuyers, according to First American's October Home Price Index report, with sellers continuing their "suppliers' strike" and further hampering already insufficient inventory levels.
Read More »Fannie Mae: ‘Lock-in Effect’ Amplifying Housing Shortages
While mortgage rates and supply constraints persist, the significant lack of housing supply remains supportive of home prices, as prices inched up 1% in Q1 2023.
Read More »Homes Now Appreciating at Rate of 9%
A rise in mortgage rates over the past year and inflationary concerns have constrained the purchasing power of prospective buyers, resulting in home price declines of the past two quarters.
Read More »YoY Home Prices Up Despite Recent Drops
Ahead of the Federal Reserve’s Federal Open Market Committee Meeting on December 13-14, CoreLogic has announced the release of its latest Home Price Insights report, covering October 2022 along with forecasts for 2023.
Read More »September Home Prices Increase Over 10% YoY
CoreLogic’s latest Home Price Index report delves into which regions are spiking the highest, and what factors are in play.
Read More »Home Price Gains Slow Again in August
CoreLogic has released the CoreLogic Home Price Index (HPI) and HPI Forecast for August 2022, showing home prices nationwide —including distressed sales— increased year-over-year by 13.5%; the lowest year-over-year appreciation recorded since April 2021, partially reflecting cooling buyer demand due ...
Read More »Homebuilders Developing More Inventory of Homes for Sale
A recent Fannie Mae report revealed their latest projection of the 2022 real gross domestic product (GDP) to be flat at 0.0 percent growth on a Q4/Q4 basis. The latest GDP reading showed an expected decline in Q2, but recent ...
Read More »Home Prices Record 125 Straight Months of Growth
The latest Home Price Index (HPI) from CoreLogic covering June 2022 set a new milestone: it has now seen a record 125 consecutive months of year-over-year increases as home prices grew by 18.3% from June 2021. According to CoreLogic, though ...
Read More »Closed Sales Slip in Q1 from 2021
Home prices across the United States rose in Q1 at an annualized rate of 12.8%, according to Radian Home Price Index (HPI) data released today by Red Bell Real Estate, LLC, a Radian Group Inc. company. The Radian HPI also ...
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