Housing markets

Average purchase-loan amounts on new applications also increased after a recent pullback, as limited inventory provided little price relief.

But overall availability still remained near a 10-year low in March, with government-backed products falling for the third time in four months, the Mortgage Bankers Association found.

Last month saw purchase rate locks increase by 44%, jumping past the 30% average in February, according to Black Knight's report.

Affordability constraints have made borrowers who bought properties within the last 12 months increasingly vulnerable to price declines.

While they see a meager gain of just 1.2% in 2024, the recovery will pick up steam in the following three years, when prices are forecast to increase 4% annually, a Pulsenomics survey found.

But a monthly increase in housing costs nationwide to start 2023 may point to a bottoming out of prices in many areas, CoreLogic said.

Lower mortgage rates during the early part of the month, along with fewer properties for sale helped to drive values higher.

Redfin's seasonally-adjusted demand measure was still down by 24% on a year-over-year basis, but it's outpacing dwindling supply, which is slowing sales.

One Draper and Kramer LO's game plan includes making inroads with CPAs, divorce attorneys and attending Eastern-European festivals.

The Richmond Fed president said he is poised to continue fighting inflation, and supported the decision to raise interest rates by 25 basis points in March.

The latest version of the tool integrates more detailed data on social variables like race, income, disability and English language proficiency.

The National Association of Realtors' index of contract signings to purchase previously owned homes increased 0.8% last month to 83.2.

Home prices nationally fell 0.2% from December, according to seasonally adjusted data from S&P CoreLogic Case-Shiller.

Almost twice as many homes on sale in February saw a reduction in housing costs compared to a year ago, as elevated interest rates limit how much buyers can afford.

The requirement to use supplies made in this country will negatively affect home affordability, according to a coalition of 24 groups and individuals led by National Housing Coalition.

Fewer than 200 staffers were offered different roles in other parts of the company while a handful, including some loan officers, were let go.

Return on investment fell to 26.9%, the smallest since 2008, according to a new report from Attom.

The share of women property holders fell four percentage points from the prior year, according to Zillow

Purchases of new single-family homes increased 1.1% to an annualized 640,000 pace after a 633,000 rate in January, government data showed Thursday.

And in January, all-cash buyers reached their highest share in nine years, at 32.1%, Redfin said.