Millennials have dominated the housing market for the past decade, according to a new study from LendingTree.
Read More »Rental Price Growth Slowing Faster Than Overall Housing Costs
According to a new report from Redfin, new-lease signers have comparatively low inflation rates because rental price growth is slowing, as this is the first time asking rents have posted a smaller increase than the overall cost of housing in a year and a half.
Read More »Single-Family Home Price Appreciation Dipped to 6.9% YoY
According to a new CoreLogic report, year-over-year single-family home price appreciation declined to nearly 7% in the final month of 2022, marking the lowest rate recorded since the late summer of 2020.
Read More »Communities of Color Experiencing Renter Financial Stress
According to a new study from the Joint Center for Housing Studies, many renters living in high-poverty, lower-income, and lower-rent neighborhoods are more likely to experience financial distress, as data revealed some 61% of households behind on their rent live in communities of color.
Read More »Examining 2022 Migration Trends
More Americans moved in 2022 than in any year since 2012, according to a new study from HireAHelper, as an estimated 27.3 million people migrated throughout the U.S last year.
Read More »Borrowers Utilizing Rate Buydowns Trends Upward
According to new data from Optimal Blue, rate lock data showed moderate signs of an early-January rebound in purchase locks, while refis remain constrained despite a full percentage point rate decline since its October 2022 peak.
Read More »San Francisco Homebuyers Paying Less Per Year
As monthly housing payments fall from their peak due to declining mortgage rates and home prices, the median monthly housing payment for San Francisco homebuyers dropped nearly 15%, renewing homebuyer interest in the area.
Read More »Slowing Home Sales and Price Growth Continue to Shift Market
Although sellers’ markets outnumber homebuyers by many, according to the latest data from the Knock Buyer-Seller Market Index, the nation's 100 largest housing markets are continuing to move in the direction of favoring homebuyers.
Read More »HUD Announces Communities Will Receive Grants to Address Homelessness
U.S. Department of Housing and Urban Development has announced nearly $315 million in grants to 46 communities across the nation to address unsheltered and rural homelessness.
Read More »Homebuyers Gain Bargaining Power as Mortgage Rates Fall
As the number of homes for sale continues to grow compared to last year, January offered homebuyers greater bargaining power, with mortgage rates falling to their lowest level in months.
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