According to a new Redfin report, the national median asking rent for July was up 14% year-over-year (and 0.6% month-over-month) to an average of $2,032 per month. This ...
Read More »Women of Color Particularly Impacted by Current Market Conditions
“Women have always taken on the heaviest burden of a socioeconomic system that was designed to profit from their underpaid and undervalued labor,” said Fatima Goss Graves, President and CEO of the National Women’s Law Center.
Read More »Slowing Market Boosts Negotiating Power
More and more buyer home-purchase agreements were cancelled in July to the highest mortgage rates seen in two years. Click through to see how many took advantage of their newfound negotiating power.
Read More »Housing Problems Faced by America’s Seniors
According to a new report by the Joint Center for Housing Studies, seniors are already experiencing housing woes, and that number is only set to grow as more Baby Boomers come of age.
Read More »Black Renters in ‘Harsh’ Situation
The fact that housing and mortgage rates have done nothing but rise over the last year has hampered affordability across the board, but the impact on Black renters ...
Read More »Potential Home Sales Model Reports Slowing Sales
First American Financial Corporation has released the latest Potential Home Sales Model for the month of July 2022, which uses proprietary data to measure what the healthy ...
Read More »Location, Location, Location: In Search of Affordability
An economist for First American digs into research on where the average-earning American can still find affordable housing.
Read More »Waters Calls for Accountability From Equifax
The Chairwomen of the House Financial Services Committee published a letter sent to Equifax, demanding answers for issues involving allegedly inaccurate credit scores.
Read More »One-Third of Homeseekers Looking to Migrate
People are leaving high-cost cities on the coasts in droves, seeking out warmer climates and cheaper housing. Here’s what the data reveals.
Read More »Bidding Wars Becoming Less Common
Now recording its sixth month of decline, homebuyer competition has now fallen to levels seen during the initial throes of the pandemic. According to Redfin, 44.3% of home ...
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