Housing Market News
Housing Market Update: Expect Price Growth to Slow, Sales to Stay Flat as Mortgage Rates Approach 4% This Year
February 3, 2022
Despite a dearth of homes for sale and the typical monthly mortgage payment reaching a new high, homebuyers are eager to get their foot in the door before mortgage rates tick up further.
Housing Market Update: Hottest January on Record Despite 1st Pending-Sales Decline Since June 2020
January 27, 2022
Sales are stalled due to a lack of supply as demand remains strong. Early spring has the potential to be even hotter and more volatile…
Housing Market Update: 2022 Kicks Off Hotter Than Last Year
January 20, 2022
Rising mortgage rates may start to become more of a deterrent than a motivator for homebuyers.
Housing Market Update: Home Prices Start New Year at New High
January 13, 2022
January is shaping up to be the most competitive month in housing history.
Housing Market Update: Homebuyers Face Record Supply Shortage Heading into 2022
January 6, 2022
Home prices were up 14% and pending sales rose 4% from a year earlier despite a record low number of homes for sale.
Housing Market Update: Home Prices Rise to New Record High
December 29, 2021
A dip in new listings contributed to the ongoing supply shortage as home prices hit another all-time high. The median home sale price rose 14.6%