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Thursday, February 2, 2023
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Market Data

home sales
Market Data New This Week Newsletter 

U.S. New-Home Sales Unexpectedly Rise, Driven by Demand in South

11/23/2022 Hanna

New home sales rose, climbing 7.5% in purchases. According to Bloomberg, sales of new US homes unexpectedly rose in October, largely

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housing turn
Economy Market Data New This Week Newsletter 

Housing Prices Plunge in 77% of U.S. Metro Areas

09/29/2022 Hanna

The turn we’ve all been waiting for has finally happened. Housing prices are down in 77% of U.S. metro areas.

Read more
rising rates
Finance Market Data New This Week Newsletter 

US Mortgage Rates Climb Above 6% for First Time Since 2008

09/15/2022 Hanna

As new data was released, it was found that mortgage rates have risen to above 6% for the first time

Read more
2022 real estate
Economy Market Data New This Week Newsletter 

The Great Real Estate Tumble Of 2022

08/11/2022 Hanna

With housing just having delivered the worst two month hit since 2008, a 1970’s housing market is very much a

Read more
house prices
Finance Market Data New This Week Newsletter 

Are House Prices Going Down?

08/11/2022 Hanna

With inflation cooling last month, so is the U.S. housing market, but with a slight catch. According to WGNO, the

Read more
housing market crash
Market Data New This Week Newsletter 

‘Housing Market Crash’ Interest Soars as Americans Worry About Economy

08/11/2022 Hanna

A potential market crash has surged and is around the corner as the U.S. housing market could sharply decline due

Read more
mortgage application
Market Data New This Week Newsletter 

Mortgage Applications Inch up for the First Time in Five Weeks

08/03/2022 Hanna

For the first time since June 24 mortgage applications inched up. According to CNBC, the slight increases came as mortgage

Read more
housing market correction
Market Data New This Week Newsletter 

The Housing Market Correction Takes an Unexpected Turn

08/03/2022 Hanna

Being priced in a recession by financial markets puts downward pressure on mortgage rates. According to Fortune, while the Fed doesn’t

Read more
mortgage rates drop
Market Data New This Week Newsletter 

U.S. Mortgage Applications Drop to Lowest Level Since Early 2000

07/20/2022 Hanna

U.S. mortgage applications to buy or refinance a home fell to the lowest since the turn of the century. According

Read more
housing market recession
Market Data New This Week Newsletter 

The Housing Market Enters Into Recession

07/20/202207/20/2022 Hanna

In June, homebuilders broke ground on 982,000 single-family homes. That’s down 19% since February, and down 16% from February of

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june home cancellations
Market Data New This Week Newsletter 

Home-Sale Cancellations Jumped in June as Buyers Backed Away

07/11/2022 Hanna

Though there was a rise in the percentage of deals, 15% of home deals that entered contract fell through, equivalent

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housing market dynamic
Market Data Market Research New This Week Newsletter 

Housing Market Softens as Inventory and Rates Change Dynamic

07/11/2022 Hanna

Reluctancy to lower home prices has houses sitting on the market, giving buyers more options thus changing the market dynamic

Read more
homeownership
Market Data New This Week Newsletter 

U.S. Homeownership Rate Tumbles to 1980s Levels

07/06/2022 Hanna

With high grocery prices and even higher gas prices, it feels like the 1980s all over again. Along with high

Read more
home price drop
Market Data New This Week Newsletter 

Housing Markets Labeled ‘High’ Risk of a Home Price Drop Just Spiked 73%

06/23/2022 Hanna

With home prices dropping and the spike in mortgage rates, the pandemic housing boom has been brought to an end.

Read more
mortgage rates
Market Data Market Research New This Week Newsletter 

Housing Affordability Hits 15-Year Low as Prices, Mortgage Rates Rise

06/21/202206/21/2022 Hanna

Mortgage rates have risen to 5.78% in early June. At that rate, an average monthly mortgage payment would be $2,127,

Read more
housing inventory
Market Data New This Week Newsletter 

Housing Inventory Rises Nationally For First Time In Years

06/08/2022 Hanna

In May, home listings increased by 8% compared to May, 2021. This is the first increase since pre-pandemic. According to

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price drop
Market Data New This Week Newsletter 

Housing Market Cooldown: 10 Cities Where List Prices Are Dropping

04/27/2022 Hanna

Despite the continuous climb of mortgage rates, new data shows that the rate of competition dropped from 67% in February

Read more
real estate sales
Market Data New This Week Newsletter 

Manhattan Residential Real Estate Sales Hit a Record $7.3 Billion in the First Quarter

04/06/2022 Hanna

Manhattan residential real estate sales reached a record of $7 billion in just the first quarter alone and shows no

Read more
Market Data Market Research New This Week Newsletter 

What First-Time Home Buyers Really Want

03/22/2022 Camille Manaloto

In the recent National Association of Home Builders study What Home Buyers Really Want, 2021 Edition, a laundry room was

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millennials
Market Data News Newsletter 

Millennials and Remote Work Reshape the Market

02/24/2022 Aurielle Weiss

Strong demand from Millennials, first-time homebuyers and remote work. GREENSBORO, N.C.–(BUSINESS WIRE)–Home sales, which increased more than 6% in 2021

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spokane
Land Market Data Newsletter 

Spokane’s Housing Market is Red Hot

02/24/202202/24/2022 Aurielle Weiss

As the Spokane area grows, housing demand and dwindling supply has made it the newest, hot market. According to The

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mortgage rates
Market Data News Newsletter 

Mortgage Rates Continue to Rise

02/21/2022 Aurielle Weiss

Freddie Mac reports mortgage rates climbed again last week. According to Market Watch, in the week ending Thursday, the average

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first-time buyers
Market Data Newsletter 

First-Time Buyers Pushed Out By Investors

02/21/2022 Aurielle Weiss

Investors are paying cash and forcing out first-time buyers. According to Reuters, the surge in sales of previously owned homes

Read more
Market Data Market Research New This Week News Newsletter 

Miami is Now The Most Expensive Market

02/16/202202/16/2022 Aurielle Weiss

The Miami market is now the highest in the nation, surpassing NYC According to The Real Deal, home prices in

Read more
Market Data Market Research New This Week News Newsletter 

Housing Affordability Drops To 10-Year Low

02/10/2022 Camille Manaloto

Housing affordability hits a 10-year low according to a report by the NAHB According to RisMedia, the NAHB association released

Read more
predicting
In this issue Market Data New This Week News Newsletter 

Navigating the New Year

02/10/2022 Camille Manaloto

Captivate, illuminate, and communicate. Navigating in the new year. By Robert Musa The last year has been anything but predictable.

Read more
Economy Market Data New This Week Newsletter 

Zillow Forecasts Home Prices Will Spike 16%

02/07/2022 Aurielle Weiss

Like many experts, Zillow replaces their forecast as the market continues to change.  According to Zillow, Homebuyers got crushed last

Read more
In this issue Land Market Data New This Week Newsletter 

Big Money: Builders and Single-Family Rental Developers Continue to Battle for Land

02/07/2022 Aurielle Weiss

Amidst Record Lease Rates and Construction Starts, Demand for Land Surges. By Mark Wolf Heat within the single-family rental (SFR)

Read more
Market Data New This Week Newsletter 

Lumber Prices Crash

02/02/2022 Aurielle Weiss

As mortgage rates rise, lumber prices have gone down by 5%. According to Insider, the price of lumber have crashed

Read more
Economy Market Data New This Week Newsletter 

The Fed Will Raise Rates in March

01/27/2022 Aurielle Weiss

The Federal Reserve will begin a series of interest-rate hikes in March to fight inflation. According to the Associated Press,

Read more
Economy Market Data New This Week Newsletter 

Average Mortgage Amount Reaches Record High

01/24/2022 Aurielle Weiss

Last week, the average mortgage amount reached a record high of $418,500, according to the Mortgage Bankers Association. According to

Read more
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