Atlas Van Lines, a national residential moving company, has released their year-end annual report using internal data to determine larger migrations patterns.
Read More »Homeownership Remains Biggest Driver of Wealth Accumulation Among Most Households
“Despite the risk of volatility in the housing market, homeownership remains an important driver of wealth accumulation and the largest source of total wealth among most households,” said Ksenia Potapov, an Economist at First American Financial.
Read More »Homebuyers to Catch a Break In 2024?
Redfin’s new forecast examines whether next year's market will favor buyers, whether renting will lose any of its appeal, and how location will factor in due to issues such as in-office policies, climate risk, and affordability.
Read More »Reverse Mortgages Are Averaging $104K Back to Owners
“Despite the resurgence in tappable equity among U.S. mortgage holders, elevated interest rates are making homeowners reluctant to extract that wealth,” said Andy Walden ICE’s VP of Enterprise Research.
Read More »Despite Current Conditions, Most Americans Think Owning a Home Is Likely
"Now that we're seeing the beginning of an affordability turnaround, home buyers are still looking for markets where they can capitalize on lower prices," says Realtor.com Chief Economist Danielle Hale.
Read More »Inventory Will Remain Challenging, But More Options Should Manifest in 2024
In addition to high demand for single-family homes, apartments and rental units within driving distance of city centers are selling at a premium.
Read More »Q3 Mortgage Lending Declines as Rates Climb
1.54 million residential mortgages were issued in the third quarter. A new report lays out the numbers, including how far the market has dropped year-over-year.
Read More »Pending Home Sales Drop on Monthly, Yearly Basis
“Today’s data signal that home sales activity is likely to remain steady, at a low level, over the next few months as limited options and significant affordability challenges weigh on buyers,” said Realtor.com Senior Economic Research Analyst Hannah Jones.
Read More »That Music City Allure: Nashville Ripe for Migrations
A new report from Redfin that tracks the migration patterns of American citizens found that Nashville is ripe for inbound migrations due to changing tastes, reasonable home prices, low property taxes, and no state income tax.
Read More »Homes Have Experienced Price Gains Every Quarter Since 2012
The last time the average home experienced a loss in value occurred in 2011, according to a new report. And this year, Vermont topped the list over every other state, experiencing an 11.8% growth since last year.
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