The Federal Housing Finance Agency (FHFA) recently released its seasonally adjusted monthly House Price Index (HPI®), providing insights into the state of U.S. house prices. The October report reveals notable trends and... Read more »
Housing starts rose in November, significantly beating expectations. New construction rose to a seasonally adjusted annual rate of 1,560,000, according to the U.S. Department of Housing and Urban Development and U.S. Census... Read more »
Inflation saw a small rise again in November, following no changes in October. After the recent pause in rate hikes from the Fed, this reading is in line with economist predictions that... Read more »
Imperial County, a sparsely populated desert region in Southern California, is drawing attention not for its iconic landmarks like Salvation Mountain or the Salton Sea but for the vast lithium deposits hidden... Read more »
Apartment rents across Southern California are expected to rise up to 4 percent through 2025, according to a new study. Rents are projected to rise between 2 and 4 percent across the... Read more »
Lower mortgage rates have brought increased mortgage demand. Total home loan applications increased 0.3% for the week ending Nov. 24 compared to the previous week, according to data from the Mortgage Bankers... Read more »
While foreclosure completions remained relatively flat in October, foreclosure starts rose to 33,000, hitting their highest level in 18 months, according to the ICE Mortgage Monitor report. In October, there were 217,000... Read more »
U.S. pending-home sales rose 1% month over month in October to a seasonally adjusted annual rate of 401,000, the highest level in a year. Although pending sales fell 4.8% compared to October... Read more »
Despite ongoing uncertainty and a variety of economic headwinds, Fitch Ratings is maintaining a neutral outlook on the title insurance market for 2024, according to a report released Thursday. Fitch said its... Read more »
When it comes to the economy, inflation and interest rates are two crucial concepts that are intertwined with each other. Interest rates refer to the cost of borrowing money, while inflation is... Read more »