Even considering rampant inflation and high mortgage rates, the idea of owning a home and achieving the American Dream remains a primary goal for large swaths of the population, according to a survey from Falls & Co.
Read More »Fannie Mae Analysis Predicts a Rebounding Economy in 2025
"The economy is now slowing from the otherwise robust first estimate of third quarter growth," said Doug Duncan, Fannie Mae SVP and Chief Economist.
Read More »Homeowners Find Value in Integrating Technology into their Homes
Smart homes aren’t a fleeting trend, according to a new report. Here’s where people are adopting the “smart home” lifestyle the fastest.
Read More »Existing Home Sales Experience Nearly 15% YoY Drop
"Prospective home buyers experienced another difficult month due to the persistent lack of housing inventory and the highest mortgage rates in a generation," said NAR Chief Economist Lawrence Yun.
Read More »From ‘House Poor’ to ‘House Rich’: Where Are Homeowners Best Off?
From bustling cities in the Midwest to sunny spots on the West Coast, some places stand out due to affordable housing and high homeownership rates.
Read More »Mortgage Purchase Applications on the Rise YoY
It’s a chicken-or-egg situation for homebuyers and sellers. Demand is rising partly due to an uptick in new listings, and listings are increasing partly because sellers are noticing more buyers enter the market.
Read More »Will Stormy Commercial Real Estate Conditions Soon Clear?
"There's tremendous difficulty in the commercial real estate market with higher interest rates," said Lawrence Yun, the Chief Economist for the National Association of Realtors. But are there changes on the horizon?
Read More »Good News Out of Opportunity Zones
Home values in Opportunity Zones tend to roughly match broader home prices. Find out what that means for the roughly 3,500 Opportunity Zones throughout the country.
Read More »‘House Hacking’: A Growing Trend Among Younger Homeowners
"Younger homebuyers—mostly Gen Z and Millennials—are especially into the idea of rental income as a key factor in their home buying decisions," said Zillow Senior Population Scientist Manny Garcia.
Read More »Are Mortgage Rates Poised to Fall?
“These high interest rates have had a great impact on the U.S.’ overall economic performance,” said National Association of Realtors Chief Economist Lawrence Yun. “Statistically, this is much better than the historical average, but if we look at this component, there are some worrying signs in the economy.”
Read More »