Mortgage Rates Fell Again This Week On Positive Inflation News

Mortgage rates declined again this week as inflation continues to moderate. The latest Bureau of Labor Statistics CPI report contained no major surprises and a September rate cut from the Fed should be a done deal. Annual price increases measured by the consumer price index have fallen to 2.9% from...

Support Growing for Middle Housing

A new Zillow survey covering 26 metro areas found that residents largely support allowing middle housing in residential neighborhoods. Middle housing options are those that fall into categories between single-family lots and large multifamily buildings, such as duplexes or small apartment buildings. A clear majority of homeowners surveyed (78%) voiced...

Florida, Texas markets rank tops for buyers in new Zillow index

Sellers have a slight edge nationwide, though less of one than in recent years. Buffalo, the Bay Area and the Northeast rank among the best areas for sellers.

Despite 7% Mortgage Rates, One in Seven Families Could Still Afford To Take On A New Mortgage

Despite mortgage rates soaring to above 7% in 2022, roughly 7.9 million families that did not own the home they lived in could afford to take on a new mortgage payment.

June 2024 S&P Case-Shiller Price Index: Home Price Growth Continues to Stall

Price growth continued to flatten into June, before the more significant mortgage rate relief we’ve seen since.

April 2024 S&P Case-Shiller Price Index: Home Price Growth Stalls Amid Rising Inventory

The seasonally adjusted S&P CoreLogic Case-Shiller U.S. National Home Price Index® increased 0.3% in April, matching its growth in March.