The July 2024 housing market has shown some intriguing developments, with existing-home sales rebounding after months of declines. Buyers and sellers navigate new opportunities as the market adjusts to economic shifts and inventory challenges. Existing-Home Sales Rebound in July 2024 In a positive turn of events, existing-home sales rose by 1.3% in July 2024, breaking […]
The June 2024 housing market has witnessed a significant rise in home prices across the United States. This trend, coupled with various economic and market factors, paints a comprehensive picture of the current real estate landscape. Understanding these trends is crucial for buyers, sellers, investors, and industry professionals as they navigate the complexities of the […]
The May 2024 housing market data reveals significant fluctuations in home sales, prices, inventory levels, and new construction activities. As we navigate through 2024, the housing market continues to present a mixed bag of trends and challenges. For Illinois residents and those involved in the real estate sector, understanding these dynamics is crucial for making informed […]
The March 2024 housing market data exhibits a complex and challenging landscape, marked by fluctuating sales figures, low inventory, and escalating prices. These conditions, reflecting broader economic trends and local market pressures, create a mixed bag of opportunities and obstacles for buyers, sellers, and investors alike. The March housing statistics provide a telling snapshot of […]
The December 2023 housing market offers a comprehensive snapshot of the current real estate landscape, revealing trends that are crucial for buyers and sellers alike to understand. With the fluctuation in sales, inventory levels, and prices, this period has become a focal point for those looking to navigate the market effectively. Plymouth Title Guaranty Corporation […]
In the dynamic landscape of the housing market, recent data unveils a mixed bag of news that underscores the ongoing challenges and opportunities within the industry. Existing home sales for the month of June saw a decline of 3% compared to May, marking a 19% drop from the previous year at the same time. This […]
In May, the housing market witnessed a glimmer of hope as mortgage activity rebounded following a period of decline. The Mortgage Bankers Association (MBA) reported a 5% increase in purchase applications compared to the previous month, indicating increased demand for housing. Refinancing applications also experienced a notable uptick, rising by 10%. However, it is important […]
Heading into the July 2022 real estate market, the United States continues to face timeless obstacles. As the latest inflation data shows year-over-year growth, the white-hot U.S. real estate market displays signs of stalling. Despite 2021 reflecting a surge in home sales activity, sales of existing homes just achieved their fifth month in a row […]
With the release of last month’s real estate market report, housing inventory fell to a new record-low level. Meanwhile, both existing and new home sales disappointed as prices jumped higher. As the United States first experienced the coronavirus pandemic in 2020, the housing market suffered. One year later, the United States surged through an unprecedented […]
Housing and employment pulled pulled off a remarkable rebound after a tumultuous 2020. Last year, both sectors saw numerous setbacks as homes sat idle on the market while businesses laid off hundreds of thousands of workers. Taking a look at July’s data, we see that 2021 is singing a different tune. Housing & Employment Pulled […]