Latest Articles

Slight Uptick in Pending Home Sales Points to Recovery in Housing Sector, Says NAR Chief Economist

Pending Home Sales Indicate Possible End to Housing Recession In June, pending home sales registered a modest 0.3% increase, marking the end of a three-month decline. This rise, primarily due to heightened activity in the Northeast and Midwest, brought the National Association of Realtors’ (NAR) Pending Home Sales Index (PHSI) to 76.8. The PHSI, an […]

Factors That Affect Home Affordability

If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares: “. . . with slowly improving affordability and a more optimistic economic […]