For Week Ending July 17, 2021 Cash buyers continue to make up a significant portion of the U.S. housing market, with nearly one-third of home sales this year being all-cash purchases. Although investors make up a considerable number of cash … Continue reading
Weekly Market Report
Inventory
Weekly Market Report
For Week Ending July 10, 2021 As sales prices surge, housing affordability continues to decline, despite historically low interest rates. According to the National Association of REALTORS® Housing Affordability Index, the median family income increased by only 1.2% in May, … Continue reading
Inventory
Weekly Market Report
For Week Ending July 3, 2021 Mortgage applications decreased 1.8% last week, falling to the lowest level since January 2020, according to the Mortgage Bankers Association’s seasonally adjusted index, with declines noted in both refinance and purchase applications. Rising home … Continue reading