Market Updates: Home Prices Witness Historic Year-Over-Year Growth in October December 29, 2020 The Case-Shiller report showed an 8.4% increase in home prices annually in October – the highest rate in six years. Bill Banfield, Rocket Mortgage Executive Vice President of Capital Markets, offers the following insight on the report. Read More→
Market Update: Existing Home Sales Dipped Slightly in November December 22, 2020 November’s Existing Home Sales report showed a 2.5% decrease in home sales, to a seasonally adjusted rate of 6.69 million. Bill Banfield, Rocket Mortgage Executive Vice President of Capital Markets, offers the following insight on the report. Read More→
Market Update: Housing Starts Increased, Albeit Slowly in November December 17, 2020 November’s New Residential Construction report showed a 0.4% increase in privately-owned single-family housing starts, to an annual rate of 1,181,000 units. Bill Banfield, Rocket Mortgage Executive Vice President of Capital Markets, offers the following insight on the report. Read More→
Market Update: Home Price Acceleration Hits Six-Year High November 24, 2020 The Case-Shiller report showed a 7% increase in home prices annually in September – the highest level in six years. Bill Banfield, Rocket Mortgage Executive Vice President of Capital Markets, offers the following insight on the report. Read More→
Market Update: Existing Home Sales Remain at Heightened Levels in October November 19, 2020 October’s Existing Home Sales report showed a 4.3% monthly increase, bringing the year-over-year growth to a staggering 26.6%. Bill Banfield, Rocket Mortgage Executive Vice President of Capital Markets, offers the following insight on the report. Read More→
Market Update: Housing Starts Continued Hot Streak in October November 18, 2020 October’s New Residential Construction report showed a 6.4% increase in privately-owned single-family housing starts, to an annual rate of 1,179,000 units. Bill Banfield, Rocket Mortgage Executive Vice President of Capital Markets, offers the following insight on the report. Read More→
Market Update: Home Prices Witnessed Intense Growth in August October 27, 2020 The Case-Shiller report showed a 5.7% increase in home prices annually in August. Bill Banfield, Rocket Mortgage Executive Vice President of Capital Markets, offers the following insight on the report. Read More→
Market Update: Housing Starts Ramp Up in September October 20, 2020 September’s New Residential Construction report showed a 8.5% increase in privately-owned single-family housing starts, to an annual rate of 1,108,000 units. Bill Banfield, Rocket Mortgage Executive Vice President of Capital Markets, offers the following insight on the report. Read More→
Market Update: Existing Home Sales Keep Climbing in August September 22, 2020 August’s Existing Home Sales report showed a modest monthly increase of 2.4%, bringing the year-over-year growth to a staggering 10.5%. Bill Banfield, Quicken Loans Executive Vice President of Capital Markets, offers the following insight on the report. Read More→
Market Update: Housing Starts Maintain Momentum in August September 17, 2020 August’s New Residential Construction report showed a 4.1% increase in privately-owned single-family housing starts, to an annual rate of 1,021,000 units. Bill Banfield, Quicken Loans Executive Vice President of Capital Markets, offers the following insight on the report. Read More→