Instant Reaction: Mortgage Rates, January 11, 2024

Mortgage interest rates continue to hold steady at 6.66% this week. As mortgage interest rates have been flat since December 21, home buyers can plan smartly as they enter the buying market.  Potential buyers know the homes they view are within their price range without any expected large swings. Fo

Instant Reaction: Consumer Price Inflation, January 11, 2024

Consumer price inflation rose 3.4% in December, which is a bit higher than the 3.1% recorded in November. But the longer-term underlying trend is clear, with inflation being much calmer now compared to 2022. The latest inflation numbers do not change the trajectory of the Federal Reserve cutting int

Migration Trends by Metropolitan Status in 2022

Please note: The Tableau data visualization embeds in this post are best viewed on a laptop or desktop computer. Previous NAR studies indicate that despite decreased migration rates, individuals and families persist in relocating away from large urban areas. Suburban areas and small cities were Amer