Housing Market

Typical Homebuyers Are Getting Older – Housing Market Overview
The age of a typical homebuyer in the U.S. jumped to an all time high of 56 in 2024. Data released by the National Association of Realtors also revealed that the share of ...

Published On: December 12, 2024Categories: Housing Market
Mortgage Rates Starting to Fall – Housing Market Overview
With the Federal Reserve’s initial rate cut this past month, interest rates on consumer loans from automobiles to credit cards began to see a decrease as well. Significantly affecting the housing market and ...

Published On: October 16, 2024Categories: Housing Market
Federal Reserve Says Homes Are 25% Overvalued – Housing Market Review
In addition to tracking inflationary pressures and wage growth, the Federal Reserve also tracks asset valuations to try to identify excessive increases. The Fed’s Financial Stability Report assesses the stability of the US ...

Published On: July 18, 2024Categories: Housing Market
Average Home Age Nationwide Is 40 Years – Housing Market Overview
The limited supply of new homes in addition to a drop in new home construction nationwide has contributed to the average home to be 40 years old. The U.S. Bureau of Economic Analysis ...

Published On: May 13, 2024Categories: Housing Market
Higher Mortgage Rates Keep Homebuyers from Buying – Housing Market
With interest rates breaching higher levels, mortgages are becoming less affordable for millions of Americans. As a result, demand for new mortgages continues to reach decades-long lows, influencing homebuyers to either wait for ...

Published On: March 13, 2023Categories: Debt/Mortgage/Liabilities, Housing Market
Home Sales Fall Across the Nation – Housing Update
Following seven consecutive quarters of double-digit increases in the median sales price of American homes, pending home sales have reached an all-time low as fewer homeowners are looking to sell their homes. The ...

Published On: February 13, 2023Categories: Housing Market
High Mortgage Rates Scare Away Potential Homebuyers – Housing Market Review
Mortgage rates eclipsed 7% in late October 2022, their highest in over 20 years. This has discouraged countless potential buyers from purchasing a home and instead resorting to renting or staying where they ...

Published On: December 16, 2022Categories: Economy, Housing Market
Housing Affordability
Series 2 of 2: Home Prices Fall for the First Time in 10 Years Ever since the housing market plummeted in the 2008 Great Recession, houses have skyrocketed in price. Even with home prices ...

Published On: November 21, 2022Categories: Debt/Mortgage/Liabilities, Housing Market
Bond Yields Fluctuate As Fed Hikes Rates
Overall bond yields fell in July, as uncertainty surrounding the economic environment was more concerning than inflationary pressures. The yield on the 10-year Treasury bond fell to 2.67% in July, down from 2.98% ...

Published On: August 16, 2022Categories: Economy, Housing Market
Household Wealth Skewed Towards Homes
Household wealth data released by the Federal Reserve showed that U.S. household net worth climbed to over $149 trillion in the first quarter of 2022. The two biggest components of household wealth are ...

Published On: August 11, 2022Categories: Housing Market