Case Shiller price index up 19.7% | Waccabuc Real Estate
S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for July 2021...
View Article30-Year mortgage rates Fall to Lowest in More Than a Month | Waccabuc Real...
The average interest rates on 30- and 15-year mortgages fell to their lowest levels in more than a month as rates offered on home loans retreated across the board. The average rate offered to...
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Oregon bans real estate buyer love letters | Waccabuc Real Estate
A real estate firm seeks to block a new Oregon law that bans real estate agents from forwarding “love letters” from homebuyers to sellers. A lawsuit filed in federal court Friday by the conservative...
View ArticleHome affordability plummeted in fourth quarter | Waccabuc Real Estate
Homeownership continues to swerve into unaffordable territory, with median-priced single-family homes becoming less affordable in three-quarters of the nation’s market, a report published by ATTOM...
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Home prices grow at record rate | Waccabuc Real Estate
National home prices grew at an unsustainable pace in December, supported by strong demand and record-low inventory. Home price appreciation is expected to slow in the coming quarters as rising...
View ArticleCase Shiller home prices up 19% | Waccabuc Real Estate
Home prices increased 19.8% in February year over year, according to the S&P CoreLogic Case-Shiller national home price index. That is up from the 19.1% annual increase in January and is the...
View ArticleHousing affordability collapses to lowest level on record | Waccabuc Real Estate
Surging home prices and mortgage rates cut housing affordability by 29% over the last year, as measured by the National Association of Realtors. It’s the sharpest year-over-year decline in...
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Residential construction prices up 12% | Waccabuc Real Estate
The prices of goods used in residential construction climbed 1.5% in June (not seasonally adjusted) even as softwood lumber prices fell 23%, according to the latest Producer Price Index (PPI) report....
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Northeast existing home sales fall 13.7% | Waccabuc Real Estate
Key Highlights Existing-home sales decreased for the seventh straight month to a seasonally adjusted annual rate of 4.80 million. Sales tailed off 0.4% from July and 19.9% from the previous year.The...
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Existing sales down 23%, prices up 8.4% | Waccabuc Real Estate
As rising mortgage rates continue to cool the housing market, the volume of existing home sales has declined for eight consecutive months as of September, according to the National Association of...
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