Median home prices rose in majority of Opportunity Zones targeted for improvement, with prices again up nearly 20% annually.
Read More »Limited Options Speeding Up Home Sales
Homes are selling as quickly as listed, as nearly 60% of homes that went under contract sold within two weeks of being listed in February.
Read More »Major Metros Experience Price Hikes
NAR's Chief Economist Lawrence Yun says consumers in expensive markets may see an additional $500 to $1,000 in monthly payments due to rising rates.
Read More »Annual Rent Growth Ticks Down From Pandemic Peak
The annual growth rate recently reached an all-time high, as home value growth was up in 38 of the nation's 50 largest metros.
Read More »Florida Metros Show Lowest Percentage of Millennial Buyers
Across Miami, Jacksonville, and Tampa, an average of only 46.54% of mortgages were offered to millennials in 2021.
Read More »Rental Inventory Remains Scarce Amid Price Surge
Declining vacancy rates have contributed to record-breaking rent growth, as average annual rent price gains jumped to 7.8% in 2021.
Read More »Locals Increasingly Priced Out by Out-of-Town Buyers
A new study found that out-of-town buyers who came to Nashville, Philly, and New York City had a larger budget to purchase a home than locals.
Read More »Median Prices Rise in the Least Affordable Metros
Austin, Texas saw the biggest home price increase of any metro area in the U.S. in 2021, with home prices rising 35.5% year-over-year, according to a new OJO study.
Read More »Homes Continue to Fly Off the Market
The number of homes for sale was down 29% from 2021, and down 50% from 2020, according to a new Redfin report.
Read More »Study Finds Consumers Prefer Home Shopping to Dating
Just in time for Valentine's Day, nearly 75% Americans said they could fall in love at first sight with a home, as some recent movers say it's harder to find a house than a spouse.
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