Market Watch

The housing market has tilted firmly back in favor of sellers, as steady demand met scarce inventory to drive up home values, according to the latest market report from Zillow.

New listings declined in April, leaving buyers with few options.

Read on for the full analysis from this report.

ATTOM released its annual analysis of the best days of the year to sell a home, which shows the months of May, June and April offering seller premiums of 10 percent or more above market value – with the top 16 best days to sell in the month of May alone.

One-quarter of homes for sale in Austin, Texas, (25.8 percent) have lower estimated monthly housing payments than they would have if they had been for sale a year ago, according to a new report from Redfin.

According to the latest Black Knight Home Price Index, home prices rose in March on both non-adjusted and seasonally adjusted bases.

This is driven by a modest bump in demand and further deterioration in for-sale inventory levels.

Read on for more from this report.

CoreLogic recently released its Home Price Index (HPI) and HPI Forecast for March revealing low numbers.

However, CoreLogic forecasts show annual U.S. home price gains moving to 4.6 percent by March 2024.

Read on for all of the numbers.

Recently, the U.S. Department of Housing and Urban Development allocated $382 million through the nation’s Housing Trust Fund (HTF). The HTF is an affordable housing production program that complements existing federal, state and local efforts to increase and preserve the supply of decent, safe, and sanitary affordable housing for extremely low- and very low-income households, including families experiencing homelessness.

In February 2023, 3 percent of mortgages were delinquent by at least 30 days or more including those in foreclosure.

This represents a 0.4 percentage point decrease in the overall delinquency rate compared with February 2022, according to CoreLogic’s Loan Performance Insights report released in April.

Read on to learn more from this report.

Greystone, a national commercial real estate finance company, recently provided a $13,698,300 HUD-insured loan to refinance a 122-bed supportive living facility in Crestwood, Ill. The financing was originated on behalf of “The Pointe at Kilpatrick.”

STRATMOR Group’s April Insights Report suggests lenders looking to build stronger businesses in the future should consider originating home equity loans and lines of credit immediately, even if that means adding products that return lower revenues in the short term.

Recently, Veros Real Estate Solutions released its 2023 Q1 VeroFORECASTSM that anticipates home prices will be flat overall for the next 12 months.

This is a slight improvement from the 0.5 percent annual depreciation forecast just one quarter ago.

Red on for more numbers.