Housing markets

But in November, home buyer demand reached its highest level since RedFin began compiling the data in 2017.

The number of plans is less than one-fourth of what it was at its pandemic peak, and many are expiring, so the group will replace the weekly measure with a monthly one.

Average incomes for this age group increased by 24% since 2012, but housing prices jumped 86%.

Counties in the West faced the least risk from pandemic distress in the third quarter, according to Attom Data Solutions.

While September's single-family starts were unchanged from the prior month, multifamily activity fell 5%, according to government data.

The drop over the 30-day period was in line with a large number of plan expiration dates, and occurred despite the extension of an initial filing deadline for government loans.

Following the federal moratorium’s end, the number jumped, marking the highest quarterly growth on record, according to Attom Data Solutions.

The $146 million deal could indicate that volume in the asset class has gotten large enough to support programmatic activity in the pricey housing market.

The share of borrowers who thought it was a good time to buy hit an all-time low, according to Fannie Mae.

More for-sale homes hit the market than at any point this year but a turning point may lie ahead, according to Realtor.com.

The home price increases and the ongoing inventory shortage made buying conditions difficult and many think it’s only getting more challenging, according to RealtyTrac.

The decline from 4.4% in July and 6.88% a year ago brings the number much closer to pre-pandemic norms, but foreclosure starts are a different story.

U.S. homebuilder sentiment rose in September amid lower lumber prices and strong housing demand.

Southwestern housing markets had the largest annual changes in median monthly home loan payments, with one increasing more than 30%, according to Redfin.

Single-family home construction also increased across communities of all sizes, but notably in outlying metro areas.

The extension in the number of days investors are locked out of the process comes amid a broader push by the Biden administration to boost access to affordable housing.

Meanwhile, property values across the U.S. have increased for 40 quarters in a row, according to the Federal Housing Finance Agency.

None of the leading areas ranked by investor share of sales were in the Golden State during 2020, in contrast to the state’s dominance on the list in the wake of the Great Recession.

Refinancing, high home prices, the concentration of pandemic-related hardships in the FHA market, and the lingering impact of last year’s market disruption all likely played a role in the intensified discrepancy.

But average loan sizes remain near record highs, with summer purchases of new constructions continuing to drive up prices.