Drops
Consumer Sentiment Drops Again, Across All Groups
Consumer sentiment continues to take a serious tumble, with members of all political groups beginning to express worry and unease in their economic outlooks, according to the latest data from the University of Michigan. The latest Index of Consumer Sentiment reading came in at 57 for March, falling a whopping 11.9% from February’s 64.7 reading.… […]
Housing Affordability Drops as Mortgage Payments Spike 51% From May 2021
Compared to one year ago, affordability fell in May as the monthly mortgage payment climbed 51% and median family income rose by 4.5%. www.nar.realtor – Research
National Delinquency Drops Below March 2020 Level for the First Time Since Onset of the Pandemic
Another good indicator of a strong economy, was revealed in CoreLogic’s monthly Loan Performance Insights Report for November 2021. In November, 3.6% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.3-percentage point decrease compared to November 2020, when it was 5.9%. […]
Housing Affordability Drops Modestly in July 2020 as Median Family Prices Reach All Time High
At the national level, housing affordability showed signs of improvement in July 2020 compared to a year ago but dipped compared to June. www.nar.realtor – Research