Radian Group, Philadelphia, said home prices across the United States rose at an annualized rate of 4.5 percent in May from April.
Tag: Home Prices
For Single Women, Minorities, Divergent Paths on Homeownership
Two reports show that homeownership opportunities for key segments of the economy—single women and minorities—continue to move in different directions.
Tom Lamalfa: May 2020 Survey of Secondary Market Executives
What follows are findings from a survey of senior mortgage executives I conducted in the first half of May. Due to cancelation of MBA’s National Secondary Market Conference, this survey was completed over the phone rather than face to face, as has been the case in the 23 preceding surveys done since 2008.
Pre-COVID-19, Opportunity Zones See Strong Home Price Growth
ATTOM Data Solutions, Irvine, Calif., said more than two-thirds of homes in government-designated “Opportunity Zones” saw positive price growth in the first quarter—that is, before the economic effects of the coronavirus took effect.
ATTOM: Home Sellers Saw Average Price Gain of $67,100 in 1Q
ATTOM Data Solutions, Irvine, Calif., released its First-Quarter 2020 U.S. Home Sales Report, which showed home sellers nationwide realized a home price gain of $67,100 on the typical sale, up from $66,264 in the fourth quarter and up from $59,000 a year ago.
Redfin: U.S. Housing Market ‘Reverses Course’
In little more than a month, the coronavirus pandemic sent the housing market from a promising spring to a national emergency, said Redfin, Seattle.
Redfin: 44% of Home Buyers, Sellers See Drop in Home Prices in Recession
Just one-third of home buyers and sellers expect home prices to increase when the next recession hits, according to Redfin, Seattle.
February New Home Sales Meet Expectations, Pre-Coronavirus
February new home sales dipped a bit, HUD and the Census Bureau reported yesterday. Sales of new single-family houses came in at a seasonally adjusted annual rate of 765,000, down by 4.4 percent from the revised January rate of 800,000, but 14.3 percent higher than a year ago (669,000).
Zillow: Home Value Growth Expected to Re-Accelerate Just in Time for Home Shopping Season
Zillow, Seattle, reported annual U.S. home value growth slowed for the 21st consecutive month in January—but that’s not the headline.
ATTOM: Home Prices in Opportunity Zones See Annual Increases
ATTOM Data Solutions, Irvine, Calif., said nearly half of Opportunity Zones saw median home prices rise more than the national increase of 9.4 percent from fourth quarter 2018 to fourth quarter 2019.