Share of new construction homes hits a record high in Q3
Buyers and sellers of existing homes are sitting on the sidelines while builders try to unload their inventory of newly completed homes.
November 8, 2022
By the Numbers
Making sense of the data that impacts residential real estate.
Page 41 of 41
- When it comes to equity, many homeowners are ‘rich’Buyers and sellers might be struggling to navigate the market, but homeowners are well-positioned to ride out the downturn.November 4, 2022
- Inventory hits a two-year high — but that doesn’t mean buyers are bitingThe inventory numbers should be good news for buyers, but affordability, combined with seller hesitancy, means the market is not yet buyer-friendly.November 3, 2022
- The Fed raises interest rates again — will mortgage rates go even higher?The Federal Reserve raised the key interest rate by .75% Wednesday, the sixth consecutive rate hike this year.November 2, 2022
- Will homebuying pick up in the spring?The return of typical seasonal buying patterns could signal a stabilizing market.October 28, 2022
- When it comes to price per square foot, suburbs are movin’ on upFor the first time in 25 years, square footage is priciest in suburban areas.October 27, 2022
- Freddie Mac: Mortgage interest rate hits 20-year highThe average 30-year rate crossed the 7% threshold this week, the highest rate since April 2002.October 27, 2022
- Where are the affordable homes? Scranton tops the listZillow looked at home values and median household incomes to come up with the 10 most affordable markets in the country.October 26, 2022
- Home prices show biggest monthly decline in over a decadeThe latest data from Case-Schiller and FHFA highlights the slowdown's impact on home prices, with the greatest declines in West Coast markets.October 25, 2022
- As home prices dip, so do profit marginsA new report from ATTOM indicates profit margins are starting to come down as interest rates rise and home sales slow.October 25, 2022
- Economists offer insights on record rate hikesHigher interest rates for home mortgages are continuing to squeeze buyers, but the Fed says their actions are necessary for economic stability.October 23, 2022
- Housing affordability worse across the US, but a correction is comingAn ATTOM report finds that affordability continues to dip in nearly every county, but signs point to a gradual easing and slower rates of home appreciation.October 21, 2022
- 'Zoom towns' not booming anymoreWith rising mortgage rates and housing prices that surged during the pandemic, cities that attracted out-of-town buyers are now seeing sharp slowdowns.October 17, 2022
- Bidding wars aren’t going going gone, but no longer dominateCompetition among buyers has been on a steady decline since the beginning of 2022, and has now dropped to the lowest rate since the beginning of the pandemic.October 17, 2022
- Affordability continues to drive homebuyer migrationWith interest rates pushing up mortgage payments, buyers are looking for more affordable housing options — and will relocate to find them.October 17, 2022
- Low inventory may continue to plague buyersThe housing slowdown, while offering modest relief for buyers, is being offset by high interest rates that are keeping prospective sellers out of the market.October 17, 2022
- Annual home prices are still rising — slowlyCoreLogic predicts prices will continue to increase year-over-year, but growth will slow considerably in the coming months.October 17, 2022
