Median Prices Down 12.3% from Peak in June 2022
It is possible the Median House Price will be Down YoY in February
3rd Look at Local Housing Markets in February
Near Record Number of Housing Units Under Construction in February 2023
Purchasing Same House, Monthly Payments Up 44% Year-over-year
REO: lender Real Estate Owned
Early reports suggest NAR reported sales will rebound in February
Special Note: This was mostly written prior to the failure of Silicon Valley Bank. Now it appears the Fed might pause in March. Goldman Sachs economists…
Mortgage Equity Withdrawal (MEW) Declines in Q4
Closed Sales: 18th consecutive month with a YoY decline
The Economic Fireworks have been in Housing!
Home Prices Off 5.5% from Peak NSA, Prices up 3.4% Y