by | Jun 7, 2024 | Industry News, Latest News, National, News, Premier |
In CoreLogic’s latest Homeowner Equity Report for the first quarter of 2024 released June 6, U.S. homeowners with mortgages (which account for roughly 62% of all properties) saw home equity increase by 9.6% year-over-year, representing a collective gain of $1.5...
by | Jun 7, 2024 | Economy, Industry News, Latest News, National, News, Premier |
The U.S. added 272,000 jobs to the market in May, higher than the average monthly gain of 232,000 over the prior 12 months, according to the latest data from the Bureau of Labor Statistics. The unemployment rate saw little change at 4% as well as the number of...
by | Jun 6, 2024 | Industry News, Latest News, National, News, Premier |
Nationwide, 6.4% of homesellers cut their asking price during the four weeks ending May 26 on average, the highest share since November 2022, according to a new report from Redfin. The median asking price dropped roughly $3,000 to $416,623 in the last week, the first...
by | Jun 5, 2024 | Industry News, Latest News, National, News, Premier |
In May, median list prices showed an increase of 37.5% since May 2019, with inventory down 34.2% compared to typical levels between 2017 – 2019, according to a new realtor.com® housing report, with economists saying this indicates the market remains tilted...
by | Jun 4, 2024 | Uncategorized |
Construction spending fell in April as U.S. companies and the government scaled back projects across the country amid high interest rates. Outlays for single-family home building, however, climbed to the highest level since August 2022. The Commerce Department’s...