As Inflation Dissipates, Rates Improve
The Bureau of Labor Statistics released its Consumer Price Index (CPI) report for the month of February. The report showed that overall, inf…
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30 Second Market Update
Home Ownership Demand is Supportive of Home Pricing
The National Case-Schiller Home Price Index, which is considered one of the most accurate gauges for home price appreciation, showed that ho…
Read morePending Home Sales and Spring Optimism
The National Association of Realtors released its Pending Home Sales report and it showed that signed contracts on existing homes increased…
Read moreHome Builders Showing Optimism
The United States Census Bureau released its New Home Sales report on Friday last week and it showed that sales of new single-family homes i…
Read moreNew Home Inventory Remains Tight
The United States Census Bureau released its Residential Construction Report and it showed that in January, Housing Starts, which are homes…
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CoreLogic released its Home Price Index last week and it showed that home prices declined by 0.4% in the month of December across the countr…
Read morePowell Sees Inflation Decreasing
The Federal Reserve met last week and as expected, they unanimously hiked the Federal Funds Rate by 25 basis points in an effort to curb inf…
Read moreNew Home Sales Rise for Third Month in a Row and Inflation Still Falling
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported last week that New Home Sales rose by 2.3% in the m…
Read moreExisting Home Sales Lower, but Better Than Expected
The National Association of Realtors Existing Home Sales Report, which measures closings on existing homes, showed that sales were down 1.5%…
Read moreInflation Trending Lower, Mortgage Rates Should Follow
The Bureau of Labor Statistics released its Consumer Price Index report for December showing that overall inflation decreased by 0.1%. Infla…
Read moreHousing Market Cooling, but Not as Bad as You Would Think
The National Case-Shiller Home Price Index, which is considered the “gold standard” for appreciation, showed home prices fell 0.5% in Octobe…
Read moreTight Housing Inventory, but Demand Rages On
The National Association of Realtors released their Existing Home Sales report, which measures closings on existing homes, and it showed tha…
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