According to a new report from Redfin, asking rents fell just 2% in the West but rose 5% in the Northeast and Midwest as supply increased and rents began to cool nationwide.
Read More »Social Media Hacks Helping Homeowners Save on Costly Repairs
Nearly 1 in 4 homeowners can’t cover a $1,000 home repair emergency in 2023, according to a new survey from All Star Home, leaving many homeowners turning to social media for hacks to try and tackle the issues themselves.
Read More »Better Together: The Importance of a Diverse and Inclusive Workforce
In our June MortgagePoint cover story, experts discuss the importance of D&I strategies in the workforce, in business, and throughout the mortgage industry, highlighting the strategies utilized to promote equity in the U.S. housing system for renters and homeowners nationwide.
Read More »June Listings Lag, Hampering Home Sales & Shoring Up Prices
Despite the early-June underperformance, Redfin reports that home-tour numbers indicate pent-up demand that should translate into improved sales once mortgage rates drop.
Read More »Chase Home Lending Shares First-Time Homebuyer Insights, New Resources
According to Chase’s latest First-Time Homebuyer Study, new data revealed that confidence levels remain high among buyers, with 44% of respondents indicating they are confident they’ll be financially ready to purchase in the coming year.
Read More »All-Cash Home Purchases Account for Bigger Slice of Housing Market
According to a new report from Redfin, some 33.4% of U.S. home purchases in April were made in cash, marking the highest share of all-cash home sales since 2014.
Read More »Potential Gen Z Homebuyers Seeking Midwest Metros to Call Home
A new analysis from LendingTree revealed Gen Zers account for nearly 15% of potential homebuyers across the 50 largest metros in the U.S., a figure experts say will likely grow over the coming years. Click through to learn which metros are the least and most popular for Gen Z buyers across the nation.
Read More »Annual Home Price Gains to Reach 4.6% by April 2024
Nationwide home prices increased 2% year-over-year in April compared to the same time last year. In a new report, CoreLogic experts project home price growth in 2023 will fall in line with the historical 4% annual average as mortgage rate uncertainty continues to fuel homebuyer hesitation.
Read More »New Housing Might Be the Key to Creating Affordability in More Communities
In a new Zillow report, research shows support is growing among both homeowners and renters for "missing middle" housing developments, as 70% of respondents believe new housing is crucial to producing affordability in their community and support building them in their neighborhoods.
Read More »Migration Trends: Home Prices Weakening in Cities With Growing Populations
While U.S. pandemic migration trends show no sign of reversing, Bank of America Institute's latest housing market report revealed home prices are slowing rapidly even in cities with large inflows of people.
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