Author Archive

Low Mortgage Rates and the Housing Market: Pros and Cons

While low mortgage rates boost consumer buying power, the reason for the low rates could hold home buyers back. Economic forecasters and analysts have frequently missed the mark recently when forecasting interest rates. In general, forecasters and experts have...

Foreigners Purchased $102.6 B of U.S. Residential Property in April 2015—March 2016

Foreign buyers purchased $102.6 billion of residential property in April 2015—March 2016, a one percent decrease from the $103.9 billion of property purchased in April 2014—March 2015, according to NAR’s recently released 2016 Profile of International Activity in U.S....

May 2016 Housing Price Index

Recent housing price data at the national level suggests that while home price growth may be slowing, prices continue to increase at a strong pace—faster than what would be considered typical. Strong buyer demand and low inventories coupled with...

Highlights of May 2016 REALTORS® Confidence Index Survey

Market conditions vary across local markets, but the REALTORS® confidence and buyer traffic indices indicate that market conditions were mainly “strong” rather than “weak” in May 2016, according to the May 2016 REALTORS® Confidence Index Survey Report. The indices...

Local FHFA Housing Price Index

Yesterday, we looked at the FHFA release focusing on national data trends. Today, we’ll dig a bit deeper to look at more local data at the regional, state, and city or MSA level. Monthly FHFA releases data at the...