Posts by John Yellig
The median sales price of new homes hit a new high of...
The median existing-home sales price for all housing types rose again on an annual basis, marking 117 consecutive months of...
“The market is roaring along, with only half the seasonal slowdown we typically see from October to November.” — RE/MAX LLC President Nick...
LoanSnap said it used its innovative AI technology, affectionately called Nell, to close the loan in the record-breaking amount of...
“November’s housing starts report signals strength for the housing market." — First American deputy chief economist Odeta...
In unveiling its predictions, the National Association of Realtors also released its top 10 housing-market "hidden gems" for...
"While 2021 single-family starts are expected to end the year 24% higher than the pre-Covid 2019 level, we expect higher interest rates in 2022 will put a damper on housing affordability." — NAHB chief economist Robert...
The decline in mortgage rates prompted an uptick in refinancing, with government refinances increasing more than 20% over the week, MBA associate vice president of economic and industry forecasting Joel Kan said in a press...
The REACH program aims to identify and accelerate the most promising new technology companies in real estate and adjacent industries, including banking, insurance and home...
“Despite higher mortgage rates, purchase applications had a strong week, mostly driven by a 6% increase in conventional loan applications.” — MBA associate vice president of economic and industry forecasting Joel...