Areas With the Most "Returning" Buyers and a Breakdown of Their Demographics

In a recent report, the National Association of REALTORS® pinpointed the markets expected to excel in 2024. After evaluating the performance of each market across 10 different metrics, the selected areas are projected to experience a boost in housing demand as mortgage rates are predicted to trend d

Instant Reaction: Housing Starts, December 19, 2023

As home builders ramp up production, more supply will reach the market. In November, single-family home construction rose 18% from the prior month and was up a hefty 42% from one year ago. Home builders’ sales have been up this year despite high mortgage rates due to the offer of incentives on buyin

Instant Reaction: Mortgage Rates, December 14, 2023

For the first time since August, interest rates for a 30-year fixed mortgage have dropped below 7%, hitting 6.95% this week. This brings the monthly mortgage payment for a home priced at $400,000 to $2,118. This is down from a recent high this Autumn of 7.79% and yields monthly savings of $183 and $