Housing Market News

The housing market saw inventory fall 4% last week and is on the cusp of breaking under 1 million total active listings. The housing market saw inventory fall 4% last week from the week before. That’s a big one-week change. Does that mean we are heading back to all-time lows in inventory again for 2023?

The Housing Market Tracker shows weekly inventory rose slightly and with mortgage rates falling, more people should list their homes. Here’s the rundown for the last week: Purchase application data has stabilized — the bleeding stopped. Housing inventory increased by 1,339 homes nationwide. This is a small number but could be the start of an

Last week’s housing market data provided mixed news, but the year-over-year purchase app numbers were the big story. Here’s the housing market rundown for the last week: Purchase application data had a solid week-to-week gain of 25%. That’s a big jump, but context is critical. Housing inventory decreased by 566 units, which is not a

The Housing Market Tracker shows that housing inventory decreased by 6,468 units, a more pronounced decline from the previous week. We are off and going now, as seasonality has kicked into full gear with the purchase application data. And, so far, it’s been a good start to the year. Here’s the housing market rundown for

Purchase applications fell 10% and housing inventory decreased by 8,664 units last week, according to the Housing Market Tracker. Despite mortgage rates briefly falling below the 6% threshold, both housing inventory and mortgage demand fell last week. Let’s dive into the trend lines of the housing market. First, here is a quick housing market rundown

The housing market experienced more volatility last week, with housing inventory dropping as mortgage rates moved higher. Here is a quick rundown from last week: Purchase application data had a 3% week-to-week increase. The start of 2023 has been good, considering mortgage rates have stayed above 6% most of the time. Weekly housing inventory continues

Last week mortgage rates rose as purchase applications and inventory fell, with a noticeable move lower in new listing data. Another week down in 2023 and we’re seeing crazier action in the housing market as purchase application data fell, mortgage rates rose again, and weekly inventory took another dive with a noticeable move lower in

The housing market madness persisted last week as inventory fell and higher mortgage rates took a big bite out of purchase applications. We created the weekly Housing Market Tracker because housing data has been so wild since 2020. The housing market madness persisted last week as inventory fell and higher mortgage rates took a bigger

After another challenging week, the housing market should see seasonal housing inventory increase in the next couple of weeks. The housing market faced some serious obstacles last week as the 10-year yield broke over 4%, mortgage rates rose to over 7%, purchase apps fell again and we are still trying to find the elusive seasonal

Mortgage rates fell last week after the failure of Silicon Valley Bank spooked bond traders worried about contagion. Last week was wild, and not just for the housing market. We had a 21st-century bank run on Silicon Valley Bank and then the federal government took action over the weekend to stop the contagion. Mortgage rates