Why Median Home Sales Price is Confusing Right Now
In both cases, a nickel is still worth five cents and a dime is still worth 10 cents. The value of each coin didn’t change. That’s why using the median home sales price as a gauge of what’s happening with home values may be confusing right now. Most buyers look at home prices as a starting point to
Don't Expect a Flood of Foreclosure
Molly Boese, Principal Economist at CoreLogic, explains just how few homeowners are struggling to make their mortgage payments: “May’s overall mortgage delinquency rate matched the all-time low, and serious delinquencies followed suit. Furthermore, the rate of mortgages that were six months or more
Where Are People Moving Today and Why?
Plenty of people are still moving these days. And if you’re thinking of making a move yourself, you may be considering the inventory and affordability challenges in the housing market and wondering what you can do to help offset those. A new report from Gravy Analytics provides insight into where pe
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