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Scottsman Guide

Tag: Market Trends

Is 45 the new 30 for measuring homebuyer affordability?

The typical U.S. household would need to spend 44.6% of their income to afford a median-priced home, according to Realtor.com.

The ‘30% rule’ may be a thing of the past

Case-Shiller and FHFA indexes reveal a ‘housing market in transition’

April’s slowing home price growth evidenced by Case-Shiller and FHFA indexes suggest a U.S. housing market in transition.

April’s slowing home price growth showed notable cooling in Sun Belt states

Another Fed governor voices support for potential July rate cut

Michelle Bowman is in favor of a rate cut as long as inflation pressures remain contained

After months in decline, existing home sales rise slightly

‘Relatively subdued sales’ continue due to persistently high rates, NAR reports

Suburban self-storage building boom at ‘breakneck speed’

Sun Belt states, such as Florida and Texas, lead the way in storage capacity growth

Home flips hit lowest volume since 2018

Home flipping profits continued a downward trend in the first quarter

Weekly mortgage applications fall on economic volatility

Mortgage applications fell 4.2% for the week ending April 25

International conflicts and tariff uncertainties discouraged potential home buyers

HUD reports five-year low for housing starts

Housing starts fell 10% month over month in May.

May housing starts were down 10% month over month, driven by a sharp dip in multifamily construction

Builder sentiment dips to third-lowest mark since 2012

The HMI index, a measure of builder sentiment, fell to a reading of 32 in June, its lowest mark since 2012.

Despite price cuts, prospective homebuyers are ‘moving to the sidelines’: NAHB

Mortgage demand for new homes evaporates in May

Mortgage demand for new homes cooled in May following April's thaw, per MBA data.

Prospective buyers stayed away in May following an April surge: MBA survey

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