After months of declines, the amount of active housing inventory recorded its first year-over-year increase since June 2019, according to Realtor.com’s May Housing Trends Report, published Thursday.
Active listings recorded an annual increase of 8% in May, although the number of available homes remains a staggering 59.6% lower than May 2019.
(6/2) - Mortgage rates jumped higher at a fairly quick pace during the first 2 days of the week (in this case, Tue/Wed due to Memorial Day holiday). Today brought a bit of relief, but not much. The average lender is still roughly a quarter of a point higher than they were on Friday when it comes to the...
