Tag: Housingmarket

Posted on 09/27/2021
Housing Market Update
Sales of existing homes fell, and much-needed inventory also ticked lower, unfortunately. However, sales of new homes beat expectations, rising between July and August. Builder confidence held steady in September, per the National Association of Home Builders Housing Market Index. This real-time read on builder confidence came in above expectations. The drop in lumber prices and stabilization of other...
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Posted on 04/27/2021
Tall Barriers for First Home Buyers
Student debt holders and minorities tend to purchase lower-priced homes, leading to lost wealth accumulation over time, according to a new working paper, “Mind the Gap: Home Price Differences By Race and Student Debt.” The research, which evaluates purchase price differences among home buyers from January 2014 to December 2017, was conducted by Jessica Lautz, vice president of demographics...
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Posted on 06/15/2020
Mortgage Minute
From HousingWire.com: Applications for purchase mortgages gained for the eighth consecutive week to a level that was 13% higher than a year ago as states continue to reopen across the country according to a report by the Mortgage Bankers Association.A seasonally adjusted index measuring purchase applications jumped 5% last week. For the first time in two months refinancings gained...
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