October pending home sales growth points to positive end to 2024

October pending home sales growth points to positive end to 2024

Despite the recent rise in mortgage rates, early indicators suggest that the housing market is pointed in the right direction. The latest signal comes from the National Association of Realtors‘ (NAR) Pending... Read more »
Single-family rent growth drops to four-year low point

Single-family rent growth drops to four-year low point

U.S. single-family rental properties posted rent-price growth of 2% during the year ending in September 2024, according to a recent CoreLogic report. That’s down from annual growth of 2.4% in August. The... Read more »
Home prices are rising in 87% of metro areas, but growth is slowing

Home prices are rising in 87% of metro areas, but growth is slowing

Home prices continue to rise, but they’re rising in slightly fewer areas of the country. Data released Thursday by the National Association of Realtors (NAR) shows that during the third quarter of... Read more »
Why housing demand is now showing year-over-year growth

Why housing demand is now showing year-over-year growth

We have had three weeks of positive year-over-year growth in both purchase application data and weekly pending contract data, with last week showing a noticeable jump from last year. Now the dose... Read more »
NRMLA conference provides ‘a new energy,’ spawns hope for industry growth

NRMLA conference provides ‘a new energy,’ spawns hope for industry growth

The National Reverse Mortgage Lenders Association (NRMLA) concluded the 2024 edition of its Annual Meeting and Expo on Thursday afternoon. Those in attendance told HousingWire’s Reverse Mortgage Daily (RMD) that the event... Read more »
Housing Market Graph 50 Years: Showing Price Growth

Housing Market Graph 50 Years: Showing Price Growth

The housing market graph for 50 years is more than just a chart; it’s a fascinating story about the American dream, economic booms and busts, and the ever-changing forces that shape where we live.... Read more »
CMG reverse VP talks HECM for Purchase and division growth plans

CMG reverse VP talks HECM for Purchase and division growth plans

CMG Home Loans, the retail lending division of CMG Financial, has its eyes on growing its dedicated reverse mortgage segment. In addition to recently making a key operations hire in an effort... Read more »
Annual growth of US luxury home values surpassing pre-pandemic rates: Zillow

Annual growth of US luxury home values surpassing pre-pandemic rates: Zillow

Real estate August 2, 2024 The luxury housing market is surging once more. Image credit: Zillow   By Zach James for Luxury Daily News Service According to analysis from real estate marketplace... Read more »
Will Job Growth Surge Impact the Housing Market?

Will Job Growth Surge Impact the Housing Market?

In the face of concerns about a potential economic downturn, recent reports indicate that the U.S. job market continues to thrive. While this may seem like universally positive news, its implications for... Read more »
Weekly active inventory growth still too slow

Weekly active inventory growth still too slow

Weekly housing inventory data Now that we are right in the middle of the spring buying season, my inventory model is simple: with higher mortgage rates, just like last year, we should... Read more »