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  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
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DataDigest

rent price
Housing Wire

DataDigest: National rent price growth normalizes, while Austin rents lose steam

January 31, 2024 Mariel Alumit Comments Off on DataDigest: National rent price growth normalizes, while Austin rents lose steam

​ The pandemic-era boom in single-family rental prices is over, according to CoreLogic‘s Single-Family Rent Index. The index, which analyzes single-family rent price changes nationally and across major metropolitan areas, tracked 13-15% annual growth in […]

housing
Housing Wire

DataDigest: Breaking down housing economists’ 2024 forecasts

December 14, 2023 Mariel Alumit Comments Off on DataDigest: Breaking down housing economists’ 2024 forecasts

As 2023 draws to a close, housing professionals hope for relief from the high mortgage rates, terrible inventory levels and slow sales that characterized the year. They may find that relief for mortgage rates next […]

Housing Wire

DataDigest: Here’s where property taxes are the biggest burden

October 25, 2023 Mariel Alumit Comments Off on DataDigest: Here’s where property taxes are the biggest burden

Amid high mortgage rates and high home prices, it’s easy to forget another factor in housing affordability: rising property taxes. These taxes are another rising cost affecting housing affordability and buyers’ appetites, and their impact […]

housing
Housing Wire

DataDigest: How hot is housing? Three ways to tell

September 7, 2023 Mariel Alumit Comments Off on DataDigest: How hot is housing? Three ways to tell

How hot is the housing market? There is certainly no shortage of indicators, but three in particular were published in the last week: the S&P/Case-Shiller Home Price Index, the All-Transactions House Price Index from the […]

Housing Wire

DataDigest: Another big autumn for homebuilders?

August 30, 2023 Mariel Alumit Comments Off on DataDigest: Another big autumn for homebuilders?

Homebuilders are poised for a strong next few months if recent history is any guide, based on data published last week by the U.S. Census Bureau and the Department of Housing and Urban Development. Fall […]

Housing Wire

DataDigest: Water wars in the Southwest

June 8, 2023 Mark Paul Cervantes Comments Off on DataDigest: Water wars in the Southwest

Is this a glimpse of the future in the Southwest? Arizona state officials announced last week that there is not enough groundwater for all of the construction that has already been approved in the Phoenix […]

No Picture
Housing Wire

DataDigest: Where renters can actually afford to buy

June 1, 2023 Mark Paul Cervantes Comments Off on DataDigest: Where renters can actually afford to buy

With mortgage rates currently at 7.04%, many first-time homebuyers – typically millennials –  will be forced to continue to rent. But the U.S. housing market is not a monolith, so today we’re going to look at […]

Housing Wire

DataDigest: Boomers and the refi boom reckoning

May 18, 2023 Mark Paul Cervantes Comments Off on DataDigest: Boomers and the refi boom reckoning

Incentivized by a 200 basis point decline in mortgage rates, 14 million homeowners in America refinanced their mortgages between the second quarter of 2020 and the fourth quarter of 2021, according to a recent research […]

Housing Wire

DataDigest: The pandemic housing frenzy never went away in these markets

May 10, 2023 Mark Paul Cervantes Comments Off on DataDigest: The pandemic housing frenzy never went away in these markets

You may have heard the good news: In recent weeks, several mortgage and real estate brokerage execs have exclaimed that we may have already reached the bottom of the market. For prospective home buyers and […]

Housing Wire

DataDigest: The remarkably resilient agent commission rate

May 4, 2023 Mark Paul Cervantes Comments Off on DataDigest: The remarkably resilient agent commission rate

On Friday afternoon, my real estate agent called with good news. “Congratulations!” she said. “You just sold your house.” The agent wished me well and said that she would appreciate a review on her website. […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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