While the average U.S. state experienced more than a 3% increase in home prices last year, a new study from the New Jersey Real Estate Network revealed the states where prices rose the highest in 2023 and how it affected prospective homebuyers.
Read More »Homeownership Access Remains Hampered by High Home Prices
According to a new survey from Arrived, Americans are seeking financial security and stability from homeownership, but many remain hindered by unaffordability. Nearly 80% of Gen Zers report home prices are their biggest barrier to entering the housing market and purchasing a home.
Read More »Home Sellers Retreat From the Market Amid Increasing Inventory Shortage
While inflated home prices continue to dampen demand, home sales fell to a more than seven-year low in January, as rising rates continue to weaken home affordability.
Read More »Homebuyers Find Affordability Relief
Zillow reports that monthly mortgage payments retreated in November, but numbers are still up more than 60% over the past year.
Read More »Bargain Cities Still Exist
According to Realtor.com, there are still relative housing bargains to be had if you look in the right place. This new report highlights some of the areas slated to see the strongest growth in the coming year.
Read More »Declining Affordability Can be Remedied by Remote Work
The fact that remote work is sticking around means homebuyers can leverage their newfound freedom if affordability becomes an issue.
Read More »Home Affordability Growing
Insight on the report said the latest numbers represent a “win-win situation” for both buyers and seller.
Read More »Affordability Challenges Hamper East, West Coasts
A new report by Realty Hop found affordability is not common on the east and west coasts, as those markets dominated the top-5 least affordable areas in the ...
Read More »What’s Standing in the Way of Homeownership?
A new metric has overtaken low supply as the biggest obstacle to homeownership. Click through to see what is stopping people from buying homes.
Read More »Wages Rise, But Not Enough to Spur Home Purchases
The Bureau of Labor Statistics indicated an increase in wages in July. Here's what experts had to say on how these numbers impact housing.
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