A new Zillow study revealed that while homeowners remain worried about expenses and financial longevity, a surprising number of prospective homebuyers said they could be convinced to buy a haunted house if it had the right features.
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 »Home Prices Up in Nearly Three-Quarters of the U.S.
As home seller profits continue to rise, profit margins on typical home sales also increased nationwide, while the median U.S. home price surged to a new all-time high in Q3, according to ATTOM's 2023 U.S. Home Sales Report. Read the latest to find out why “any predictions of an extended market fallback may have been premature.”
Read More »Homeowners Reveal Frightening Facts as Halloween Approaches
While U.S. mortgage rates sit at an all-time high, a new report from Real Estate Witch revealed that while Americans grapple with housing affordability, an estimated 63% of homebuyers would offer below-market value for a haunted home. Click here to see more.
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 »2024 Home Trends: What’s a Pickleball Court Worth, Anyway?
Zillow's 2024 hottest home trends list reveals which home features are becoming more popular, and which are going out of style. Where do homebuyers stand on Brutalist architecture and sensory gardens? There’s only one way to find out.
Read More »SFR Rent Growth Continues to Moderate. But There’s a But…
“While annual single-family rent growth has returned to a moderate pace, more than three years of substantial increases will have a lasting impact on tenants’ budgets,” said Molly Boesel, Principal Economist for CoreLogic. Click through to see how the SFR sector is evolving.
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 »