Potential homebuyers are looking at areas with affordable home prices and lowered housing costs, according to a new WSJ/Realtor.com report, which showed the Midwest is emerging as a new option for home shoppers despite facing low inventory and a quick market pace.
Read More »Homebuyer Horrors: Examining 2023’s Scariest Housing Markets
As the Halloween holiday creeps nearer, a new Point2Homes study revealed what homebuyers are most frightened by in today's housing markets, such as volatile home prices and intensifying housing competition.
Read More »Austin’s Housing Fortunes Flip
Once known for its speed and red-hot market, Austin, Texas, is now one of the slowest housing markets in the U.S. A new Redfin report examines the factors in play.
Read More »Residential Remodeling Activity to Get a Reboot Next Year?
While unwarranted repairs remain a hassle for many homeowners, annual spending for improvements and restorations to owner-occupied homes is expected to shift in the coming year, according to a new report from the Joint Center for Housing Studies. Here are the factors in play.
Read More »New Home Purchase Mortgage Apps Increased in September
As record-high mortgage rates continue to hinder potential homebuyers nationwide, new home purchase activity weakened in September, according to the MBA's Builder Application Survey.
Read More »Study Examines How Many U.S. Renters Remain Cost-Burdened
While elevated housing costs continue to hinder homebuyers and renters nationwide, a new study from Apartment List revealed that the share of American renters who are cost-burdened has risen to the highest level since 2012, according to recent Census data.
Read More »AI to Support Lenders During the Mortgage Automation Process
"New AI-powered technologies are allowing lenders to complete their work without having to maintain today’s high staffing levels," said Argun Kilic, CEO of Areal. "Even better, these new tools work with their legacy technologies."
Read More »Home Prices Remained Resilient Through Q3, But Will That Change?
According to a new report from Fannie Mae, a deceleration in home prices is likely in 2024, with economic growth projected to slow.
Read More »Examining U.S. Migration: Where Are People Moving To?
As relocation patterns continue to shift nationwide, the Mountain West region has emerged as a hot spot for homebuyers, according to a new study from StorageCafe, with Idaho topping the list with the highest net migration rate in the nation.
Read More »Homebuyers Backing Off Despite Increase in New Listings
According to a new Redfin report, new listings have ticked up, but near-8% mortgage rates are causing many potential homebuyers to retreat, as purchase applications remain near their lowest level in nearly 30 years.
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