At 2.60 (-16.13% MoM)
At 158,797 (-28.64% MoM)
Homes For Sale
At 646,824 (-14.61% MoM)
At 107,300 (-0.19% MoM)
Jan 28, 2020 via housingwire.com The refinancing share of mortgage originations in December fell to 46%, the lowest since August's 43%, according to Ellie Mae. The post The end of the mortgage refi boom? appeared first on HousingWire.
Jan 28, 2020 via housingwire.com Bringing his economic expertise back to the table, HousingWire Columnist Logan Mohtashami writes, "Unlike the bubble years, purchase application data, existing home sales, new home sales, housing starts and the lack of cash-out refinancing all point to slow and steady growth." The post Is the U.S. in a housing bubble? appeared first on HousingWire.
Jan 28, 2020 via housingwire.com As layoffs go, it's not huge. But, it's enough to spark rumors if you're Compass, a proptech unicorn - meaning a real estate startup valued over $1 billion. The post Compass laying off 1.6% of its staff appeared first on HousingWire.
Jan 28, 2020 via zillow.com The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 3.5% year-over-year in November (non-seasonally adjusted), up from 3.2% in October. The post November Case-Shiller Results and December Forecast: Primed for an Upswing appeared first on Zillow Research.
Jan 28, 2020 via cnbc.com Robert Sulentic, CBRE Group president and CEO, joins "Squawk on the Street" to discuss the strength of global and commercial real estate.
Jan 28, 2020 via redfin.com Young buyers make up a considerable chunk of the real estate market -- that's why it's smart to make your home more "millennial friendly" when you decide to sell. The post 9 Ways to Attract Millennial Homebuyers appeared first on Redfin Blog.
Jan 28, 2020 via cnbc.com After cooling for much of last year, home price gains are accelerating again. Nationally, prices increased 3.5% annually in November, up from 3.2% in October, according to the S&P CoreLogic Case-Shiller national home price index.
Jan 28, 2020 via redfin.com With a housing affordability crisis in full swing, neighborhoods with lower home prices surge in popularity. The post The 10 Hottest Neighborhoods to Watch in 2020 appeared first on Redfin Blog.
Jan 28, 2020 via themortgagereports.com The Federal Reserve is the central banker of the USA. How "the Fed" works, what it actually does, and how it affects everyday U.S. mortgage rates.
Jan 27, 2020 via housingwire.com Realogy, the largest U.S. brokerage, unveiled a new suite of tools for its agents it's calling a "productivity hub," with a CRM program and a messaging app. The post Realogy unveils new CRM and app for agents appeared first on HousingWire.
Jan 27, 2020 via housingwire.com HUD Secretary Ben Carson announced Monday that he is kicking off a bus tour called Driving Affordable Housing Across America. The post HUD Secretary Ben Carson announces bus tour appeared first on HousingWire.
Jan 27, 2020 via housingwire.com The House is poised to pass a package of credit reforms this week that includes banning the reporting of mortgage delinquencies if lenders engaged in discriminatory or abusive practices. The post House to vote on credit reporting reform bill appeared first on HousingWire.
Jan 27, 2020 via cnbc.com CNBC's Diana Olick reports the danger climate change poses to professional sports.
Jan 27, 2020 via cnbc.com As fears over the coronavirus roil global financial markets, investors are rushing to the relative safety of the bond market, pushing rates down. The 30-year fixed mortgage loosely follows the yield on the 10-year Treasury.
Jan 27, 2020 via housingwire.com Sales of new homes fell in December to an annualized rate of 694,000, according to the Census Bureau and the Department of Housing and Urban Development. The post U.S. new home sales fell 0.4% in December appeared first on HousingWire.
Jan 27, 2020 via cnbc.com CNBC's Rick Santelli and Diana Olick report on the latest new home sales data and revised numbers for November 2019.
Jan 27, 2020 via zillow.com After a string of blockbuster reports, December's new home sales data was a disappointing stumble right at the finish line of what was otherwise a very strong year. The post December New Home Sales: A Disappointing Stumble appeared first on Zillow Research.
Jan 27, 2020 via cnbc.com "The last three years in September, we've had climate issues ... We had to actually move a game," said Tom Garfinkel, CEO of the Miami Dolphins football team.
Jan 27, 2020 via themortgagereports.com According to new data, home sellers are seeing over $65,000 in profits when selling their properties -- the highest profit share in 13 years.
Jan 24, 2020 via themortgagereports.com Mortgage rates are holding low and everyone is predicting low rates through 2020. But what will interest rates do next? Advice, predictions, and your next steps.
Jan 24, 2020 via housingwire.com Real estate tech company RealPage announced recently that it will be acquiring multifamily real estate engagement solution Modern Message. The post RealPage continues growing, set to acquire Modern Message appeared first on HousingWire.
Jan 24, 2020 via housingwire.com Baby Boomers in Minnesota had the highest credit scores among U.S. states and generations, according to a report from Experian on Thursday. The post Baby Boomers in Minnesota have the best credit scores appeared first on HousingWire.
Jan 24, 2020 via housingwire.com For years, the financial services industry has been asking the Consumer Financial Protection Bureau to address what the industry views as ambiguity surrounding the bureau's regulation of "abusive" practices. And now they're getting their way. The post CFPB now taking friendlier approach to financial abuses appeared first on HousingWire.
Jan 24, 2020 via housingwire.com Mortgage industry trade group Association of Independent Mortgage Experts has announced the hire of Katie Sweeney as its EVP of strategy. The post AIME creates new position, brings on Katie Sweeney appeared first on HousingWire.
Jan 24, 2020 via housingwire.com Housing Headlines takes a look at the latest news in housing, real estate, fintech and beyond. This week, Housing Headlines covers Redfin Mortgage's recent expansion announcement as well as Curbio's launch in Minneapolis-St. Paul and Seattle. The post Housing Headlines: Curbio and Redfin Mortgage appeared first on HousingWire.
Jan 24, 2020 via housingwire.com Fair Isaac is updating the secret formula for FICO scores in a way that will make it tougher for some consumers to get credit. However, it won't have much of an impact on the $2 trillion of mortgage originations expected for this year. The post FICO's scoring tweaks won't impact most mortgages appeared first on HousingWire.
Jan 24, 2020 via cnbc.com The Supreme Court is hearing a case about the future of the Consumer Financial Protection Bureau, and justices may rule the agency to be unconstitutional. That would throw the status quo into disarray.
Jan 24, 2020 via cnbc.com Bungalow, a barely 3 year-old co-living company, rents private bedrooms in large, suburban and urban homes. Tenants can use all the common areas, which Bungalow furnishes - fully equipped kitchens, living rooms with sofas and flat-screen televisions, as well as dining tables and general decor.
Jan 24, 2020 via cnbc.com Co-living is one of the fastest growing segments in residential real estate. One start-up is taking the idea to big suburban homes. CNBC's Diana Olick reports.
Jan 23, 2020 via housingwire.com As goes Goldman Sachs, so goes Wall Street. Now, the investment bank is taking a stand against "bro culture" on startup boards, refusing to take a company public if its board isn't diverse. The post Goldman Sachs: No-go for IPOs if all bros appeared first on HousingWire.
Jan 23, 2020 via housingwire.com Gen Z now holds a 2% share of the housing market, according to realtor.com's Generational Report, and has already caught up to the Silent Generation. The post How much housing does Gen Z already own? appeared first on HousingWire.
Jan 23, 2020 via housingwire.com The cost of renting is still getting more expensive but the rate at which rent is increasing is slowing down, at least. According to a report from Yardi Matrix, the rental market is seeing a rare slowdown as national average rent had the slowest year-over year-growth in 17 months during the month of December. The post The cost of renting is still growing, just a little slower appeared first on HousingWire.
Jan 23, 2020 via housingwire.com Does homeownership undermine growth, fairness and public faith in capitalism? Or is it still the stuff of stable American dreams? HousingWire Columnist Julian Hebron debates a few points. The post Is the American Dream of homeownership best left to landlords? appeared first on HousingWire.
Jan 23, 2020 via housingwire.com The median price for a home in New York state jumped 7.4% and sales dropped 1.1% last year as an inventory shortage held back the market. The post New York state's median home price jumps 7.4% appeared first on HousingWire.
Jan 23, 2020 via cnbc.com A credit score determines the interest rate a consumer is going to pay for credit cards, car loans and mortgages -- or whether they will get a loan at all.
Jan 23, 2020 via housingwire.com The average U.S. fixed rate for a 30-year mortgage averaged 3.6% this week, a three-month low, according to Sam Khater, Freddie Mac's chief economist. The post Mortgage rates drop to three-month low appeared first on HousingWire.
Jan 22, 2020 via housingwire.com Single-family rent prices increased 3% year over year in November 2019, according to CoreLogic's Single-Family Rent Index. The post Single-family rent continues rising appeared first on HousingWire.
Jan 22, 2020 via housingwire.com Keller Williams is expanding its presence in Latin America and the Caribbean, opening new offices in Honduras and Turks and Caicos. The post Keller Williams launches in Honduras, Turks and Caicos appeared first on HousingWire.
Jan 22, 2020 via cnbc.com CNBC's Diana Olick reports on new home sales data that largely beat expectations.
Jan 22, 2020 via housingwire.com U.S. existing-home sales reversed course in December, rising 3.6% from the previous month's pace, according to the National Association of Realtors. The post U.S. existing-home sales rise 3.6% in December appeared first on HousingWire.
Jan 22, 2020 via cnbc.com Buyers are trolling the nation's neighborhoods looking for homes at the fastest pace in nearly two years, making an already critical shortage of inventory even worse. Sales of existing homes jumped a larger-than-expected 3.5% in December compared with January, according to the National Association of Realtors.
Jan 22, 2020 via housingwire.com The traditional February pickup in new-home traffic is watched by economists as an early gauge for overall housing demand. This year is different. This content is for HW+ members. Join today! Already a member? log in The post Housing's busy season arrives early this year appeared first on HousingWire.
Jan 22, 2020 via cnbc.com WeWork said the sales are part of the company's effort to focus on the core co-working business.
Jan 22, 2020 via housingwire.com Home prices increased in November, rising only 0.2% from the previous month's revised pace, but up 4.9% from 2018, according to the latest monthly House Price Index from the Federal Housing Finance Agency. The post U.S. home prices rise 4.9% from November 2018 appeared first on HousingWire.
Jan 22, 2020 via zillow.com December existing home sales rose 3.6% from November and 10.8% from a year ago, to 5.54 million -- the highest level of 2019. The post December Existing Home Sales: Saving the Best for Last appeared first on Zillow Research.
Jan 22, 2020 via themortgagereports.com Americans see a real estate agent as a valuable asset, but they aren't putting in the effort to find the right one for the job.
Jan 22, 2020 via housingwire.com Mortgage applications fell 1.2% from last week, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey. The post Mortgage applications slide despite last week's spike appeared first on HousingWire.
Jan 22, 2020 via cnbc.com Mortgage application volume fell 1.2% last week from the previous week, according to the Mortgage Bankers Association.
Jan 22, 2020 via cnbc.com Thomas Li from CLSA says based on the firm's so-called 'Feng Shui Index,' Hong Kong's Hang Seng index is set to gain this year, driven by property and resources sectors.
Jan 21, 2020 via redfin.com So, you've evaluated your finances, thought about your lifestyle and made the big decision to sell your home. Maybe you're downsizing because the kids have finally left the nest, or you've gotten a job in a new city and need to relocate, or maybe you've just retired and want to head south to warmer climates. … How to Sell Your House in 2020 Read More >> The post How to Sell Your House in 2020 appeared first on Redfin Blog.
A weighted, repeat-sales index which measures average price changes on the same properties for single-family homes whose mortgages go through Fannie Mae or Freddie Mac.
Latest: 277.37 (August 2019), MoM change: +0.17%, YoY change: +4.61%
Source: Federal Housing Finance Agency
Median Sale Price Latest: $313,000 (December 2019), MoM change: +0.64%, YoY change: +7.19%
Median Price Per Square Foot Latest: $171 (December 2019), MoM change: -2.29%, YoY change: +3.64%
Latest: 97.44% (December 2019), MoM change: -0.47%, YoY change: +0.31%
Latest: 19.15% (December 2019), MoM change: -8.06%, YoY change: +3.49%
Price Drops Latest: 16.69% (December 2019), MoM change: -24.74%, YoY change: +7.20%
Only includes first-lien prime conventional conforming home purchase mortgages with a loan-to-value of 80 percent. For the past several decades, more than half of consumers choose 30-year, fixed-rate mortgages.
Rate Latest: 3.72% (December 2019), MoM change: +0.54%, YoY change: -19.83%
Points Latest: 0.70% (December 2019), MoM change: +16.67%, YoY change: +40.00%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS)
Active Listings Latest: 646,824 (December 2019), MoM change: -14.61%, YoY change: -14.94%
New Listings Latest: 158,797 (December 2019), MoM change: -28.64%, YoY change: -4.15%
Home Sales Latest: 253,399 (December 2019), MoM change: +4.55%, YoY change: +12.96%
Latest: 2.60 (December 2019), MoM change: -16.13%, YoY change: -23.53%
Median Days On Market Latest: 50 (December 2019), MoM change: +11.11%, YoY change: -3.85%
Only includes new, privately owned housing units in roughly 20,000 permit issuing places in the U.S. According to the Census Bureau, permit issuing places account for 98% of new construction. The data is not seasonally adjusted.
Latest: 107,300 (December 2019), MoM change: -0.19%, YoY change: +11.08%
Source: U.S. Census Bureau
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