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But average loan sizes remain near record highs, with summer purchases of new constructions continuing to drive up prices.
August 18 -
Tight inventory and heightened competition kept prime purchasers at bay as property values continued their summer surge, according to Fannie Mae.
August 9 -
Concerns about foreclosure and a crowded market led to an increase in listings at lower price points in the second quarter.
July 30 -
Soaring home prices and the abundance of all-cash offers that the deep-pocketed can afford makes home buying even harder for the average borrower, according to a Redfin report.
July 22 -
As rising home valuations force first-time home buyers out of the market, expect to see non-owner-occupied loans to increase.
July 20 -
Competition amongst those shopping for homes fell for the second straight month as surging prices pushed consumers to the sidelines and inventory saw modest gains, according to Redfin.
July 13 -
The lack of homes for sale is supporting the record values, unlike what happened in the mid-2000s, analysts say.
June 28 -
Home prices grew at a record annual pace in April but indicators of a possible slowdown popped up in May, Redfin noted.
June 7 -
Federal Reserve Chair Jerome Powell is dismissing claims that loose monetary policy has led to rising home values and shrinking inventory and insists that the market is buoyed by creditworthy borrowers and investors.
April 28 -
The increase won’t hurt the incentive for the average home shopper, but it means those who were looking to “buy the dip” in prices amid the pandemic may have missed their chance.
April 5