Nationally, affordability improved on a monthly basis for the second consecutive month in July, driven by lower mortgage rates and positive income growth. However, on an annual basis, affordability remains nearly 2 percent lower than one year ago.
Tag: First American
New Home Sales Rise in July
New single-family home sales were at a seasonally adjusted annual rate of 739,000, per estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development.
First American–AVMs Take Center Stage as New Rules Spotlight Performance
New federal guidelines and changes in methodology testing are giving AVMs more attention. Learn how companies must comply with these new guidelines.
AVMs Take Center Stage as New Rules Spotlight Performance–First American (Sponsored)
New federal guidelines and changes in methodology testing are giving AVMs more attention. Learn how companies must comply with these new guidelines.
Sponsored by First American: AVMs Take Center Stage as New Rules Spotlight Performance
New federal guidelines and changes in methodology testing are giving AVMs more attention. Learn how companies must comply with these new guidelines.
(Sponsored) First American: AVMs Take Center Stage as New Rules Spotlight Performance
New federal guidelines and changes in methodology testing are giving AVMs more attention. Learn how companies must comply with these new guidelines.
First American: AVMs Take Center Stage as New Rules Spotlight Performance (Sponsored Content)
New federal guidelines and changes in methodology testing are giving AVMs more attention. Learn how companies must comply with these new guidelines.
Odeta Kushi From First American: The Tale of Two Markets Continues…For Now
Even with more existing-home inventory on the market than last year, today’s potential home buyers face one of the least affordable markets in history due to record-high and still-rising home prices and elevated mortgage rates.
Odeta Kushi from First American: Twin Market Dynamics Stifling Existing-Home Sales
The housing market is struggling to gain momentum with mortgage rates above their levels from a year ago. Higher rates have a dual impact on sales – pricing out buyers who lose purchasing power and keeping some potential sellers rate-locked in.
Odeta Kushi from First American: Twin Market Dynamics Continue to Stifle Existing-Home Sales
The housing market is struggling to gain momentum with mortgage rates above their levels from a year ago. Higher rates have a dual impact on sales – pricing out buyers who lose purchasing power and keeping some potential sellers rate-locked in.