by Aidan Whalen | Jul 31, 2023 | Industry News, Latest News, National, News, Premier |
For the month of May, 2.6% of all mortgages in the U.S. were in some stage of delinquency, a 0.1 percentage point decrease compared to last month and a 0.2 percentage point decrease compared to last year, according to new data from CoreLogic. This is a historic low...
by Aidan Whalen | Jul 27, 2023 | Industry News, Latest News, National, News, Premier |
After declining every month since February, the forward-looking metric of pending home sales saw a slight uptick in June, rising a fractional 0.3% as markets appear to be rebalancing around higher interest rates and minimal price appreciation. Though the increase was...
by Aidan Whalen | Jul 26, 2023 | Industry News, Latest News, National, News, Premier |
After a big jump in May, new-home sales dropped 2.5% to a rate of 697,000, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development. “Rising mortgage rates in June, coupled with elevated construction costs and supply...
by Liz Ruggiero | Jul 25, 2023 | Industry News, Latest News, National, News, Premier |
Against the backdrop of further inventory strain and a relatively low mortgage rate environment, buyers seemed to rally in May, driving U.S. home costs up for the fourth consecutive month, according to the latest S&P Case-Shiller Index. Home prices climbed 1.2%...
by Liz Ruggiero | Jul 25, 2023 | Consumer, Industry News, Latest News, National, News, Premier |
Consumer confidence increased again, from 109.7 in June to 117 in July, according to the latest data from The Conference Board. This reading is the highest seen since July 2021. The Consumer Confidence Index details consumer attitudes, buying intentions, vacation...