Have lower mortgage rates already changed the housing market?
This weekend’s tracker focuses on how lower mortgage rates have changed the supply and demand data lines since mid-June.
Housing Inventory
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US home flipping profits hit lowest level since 2008
Profits from flipping have steadily eroded over the past decade. In fall 2012, the average return on investment was nearly 63%.
Clayton debuts CrossMod manufactured homes at HUD showcase
The featured model — called the Cypress and expected to cost roughly $200,000 — is 990 square feet with two bedrooms and two bathrooms.
Bill aims to expand affordable housing on unused religious, college land
Federal resources would help religious institutions and higher education campuses develop rental housing on property they already own.
Can mortgage rates get below 6% with this Federal Reserve?
Mortgage rates dropped to 6.29% last week after the jobs report, but economic factors can only do so much without help from the Fed.
Lower mortgage rates pushed inventory lower in August
Year-over-year inventory growth has dropped from recent highs of 33% to 22%, despite mortgage rates not yet approaching 6%.
Investor housing market share dips but remains elevated
Investor activity remains well below the peak seen in 2022, but investor share has increased as owner-occupied transactions have slowed.
Experts offer multi-faceted solutions to the housing supply shortage
A trio of housing experts discuss proposals to lift zoning regulation to spur supply — and legislation aiming to help first-time homebuyers.
Older adults support many types of housing regulation reform
Older adults support changing zoning laws to make homebuilding easier, according to new surveys by AARP and the Pew Charitable Trusts.
Pittsburgh, Cleveland top global metro affordability list
Homebuyers can purchase nearly six homes in Cleveland or Pittsburgh for the price of one in San Francisco, according to data.