New data shows Americans are as baffled by how real estate works as they are about cryptocurrency. According to a new Zillow survey, the study finds most Americans ...
Read More »Homebuyers Feeling Pressure of Higher Home Prices, Mortgage Rates
The Fannie Mae Home Purchase Sentiment Index (HPSI) remained comparatively flat in May —decreasing by only 0.3 points— but inching nearer its 10-year- and pandemic-low of 63.0 from ...
Read More »Home Value Growth Heightens in Suburbs
According to a new report from Zillow, the most popular market in early 2022 is Woodinville, Washington—with Burke, Virginia, and Highlands Ranch, Colorado, rounding out the top three.
Read More »Locals Priced Out by Homebuyer Migration Trends
As homebuyers relocate at unprecedented levels, some that have been priced out of their cities, have the option to flock to hotspots like Virginia Beach, San Antonio, and Bakersfield to find affordable homes priced below the national median.
Read More »Austin Rents Soar by Nearly 50%, Marking Biggest Increase in U.S.
According to a new report from Redfin, the median monthly asking rent in the U.S. increased 15% year-over-year to a record high of $1,962 in April—slightly below March’s ...
Read More »Midsize, Small Markets Led Surging YoY Q1 Home Price Gains
According to the National Association of Realtors' latest quarterly report, Q1 of 2022 found more markets reaching double-digit annual price gains than the previous quarter. Meanwhile, approximately 70% of ...
Read More »Millennials Represent Largest Share of Adults Buying Homes
One-third of millennials say they feel pressured into buying a home at their age, while 43% are looking to buy to start building equity.
Read More »Millennial Demand Continues to Fuel Housing Market
First American Chief Economist Mark Fleming discusses the strengths of the housing market, and the heightened millennial demand fueled by low rates.
Read More »Housing Experts Weigh in on What to Expect in ’22
Populous cities Spartanburg, Huntsville, and Tuscon among those expected to experience stronger price appreciation in 2022. Click through for other takeaways from a recent industry Forecast Summit.
Read More »The Mortgage Rate Rollercoaster
For the first time in over a month, mortgage rates have dropped below the 3% mark, signaling a strong finish for the purchase and refi markets to close out 2021.
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