Our monthly real estate market report includes information about housing prices, inventory, mortgage rates, home sales and market predictions. We summarize news headlines and share important market updates.
Here are some quotes from this month’s report:
- People do not follow the best leaders. They follow the ones they can understand the easiest.
- I wonder if some consumers have worked through the 5 stages of grief of higher mortgage rates.
- I’m looking at the latest housing data and I see surprising demand indicators, including home price resiliency and supply staying restricted. Who woulda guessed that?
- ATTOM, a leading curator of real estate data nationwide for land and property data, today released its Year-End 2022 U.S. Foreclosure Market Report, which shows foreclosure filings— default notices, scheduled auctions and bank repossessions — were reported on 324,237 U.S. properties in 2022, up 115% from 2021 but down 34% from 2019, before the pandemic shook up the market. Foreclosure filings in 2022 were also down 89% from a peak of nearly 2.9 million in 2010.
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