Remove articles pending-home-sales-rebound-in-march
article thumbnail

Housing Market Tracker: Mortgage rates and inventory fall together

Housing Wire

In any case, mortgage rates were 6.75% on March 21 and 6.38% on March 24; the recent highs were 7.10%. The Federal Reserve has made the housing market into an orphan left in the rain with no home to go to because there isn’t much inventory out there, so the markets are simply too wild up and down.

Inventory 444
article thumbnail

Are existing home sales showing a housing bubble?

Housing Wire

Today, existing home sales blew out estimates , coming in at 5,860,000. With new home sales, pending home sales, housing starts, housing permits, and purchase applications already in v-shape recovery mode, this last metric completes the v-shaped recovery across the board for housing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Appraisals – Check the Water Source!

Appraisal Today

It was shared by four nearby homes. NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. I have included some of the articles below. New homes – what is happening? Nearby, I noticed a large water tank.

article thumbnail

The Full Measure with Kevin Hecht: Economic Recap May 2023

McKissock

National house prices are expected to keep home purchase originations flat this year. However, a positive turn in home price growth and a slight rise in home sales may trigger modest growth in purchase originations by the second half of the year and beyond. Get tips and insights in this article. monthly and 5.1%