The top searched markets in order were Los Angeles; Washington D.C.; Dallas; Houston; Atlanta; New York City; Miami; Chicago; Phoenix; and Philadelphia.
All of the components of the 55+ single-family HMI showed major growth from a year ago: present sales climbed 24 points to 54, expected sales for the next six months increased 25 points to 60 and traffic of prospective buyers rose 26 points to 48.
“These deductions may impact economic opportunity by providing opportunities for credit-constrained middle and low income families to become homeowners.”
“These deductions may impact economic opportunity by providing opportunities for credit-constrained middle and low income families to become homeowners.”
While mortgage rates aren’t where they were earlier in the year, they’re not too far removed from the historic low rates that made headlines across the country.
While mortgage rates aren’t where they were earlier in the year, they’re not too far removed from the historic low rates that made headlines across the country.
