Measures of homebuyer activity such as online searches, requests for tours and agents’ help, and mortgage applications rose as mortgage rates fell below 5% More homebuyers are returning to the market, motivated by a decline in mortgage rates and a record share of listings with price drops,...
[en-TEL-ə-kee] Part of speech: noun Origin: Late Middle English, late 1500s Definition: (Philosophy) The realization of potential; the supposed vital principle that guides the development and functioning of an organism or other system or organization. Examples of Entelechy in a...
The median price per square foot of a home in the U.S. has increased 310% since 1980 and has exceeded overall inflation by 139% since 2020. The price per square foot of a U.S. home is higher than ever, according to a new report from Home Bay, an online publication that connects readers...
Largest Monthly Inventory Gain in 12 Years; Prices Back Off Highs in Some Major Markets Annual home price growth dropped by nearly two percentage points in June – the greatest single-month slowdown on record since at least the early 1970s – with the rate of slowing this month jumping 66% from...
[NAH-bee] Part of speech: Adjective Origin: Unknown, late 17th century Definition: Describing a person of wealth or high social position. Examples of Nobby in a sentence "When he wasn’t saving lives as Batman, Bruce Wayne lived a nobby lifestyle as a socialite." "It doesn’t...
Profit Margins on Typical Home Sales Hit Another Record, Rising to 56 Percent;Investment Returns in Second Quarter Rise at Fastest Pace in More Than a Decade;Median U.S. Home Price Up 9 Percent Quarterly and 15 Percent Annually, to New High of $346,000 ATTOM, a leading curator of real...
Nation Faces 600,000 apartment deficit, 4.7 million fewer affordable apartments Amidst demographic shifts and lingering pandemic-impacts on the population and broader economy, the U.S. faces a pressing need to build 4.3 million new apartments by 2035, according to a new...
[em-BLEM-ə-tiyz] Part of speech: verb Origin: Greek, 17th century Definition: Serve as a symbolic representation of (a quality or concept) Examples of Emblematize in a sentence "The spectacle of the Super Bowl emblematizes the intensity of America’s love of football." "Singer...
[ə-PLAM] Part of speech: noun Origin: French, late 18th century Definition: Self-confidence or assurance, especially when in a demanding situation. Examples of Aplomb in a sentence "The lead actor recovered with such aplomb that the audience forgot he had tripped onstage...
