San Jose and San Francisco, notoriously high-cost areas, make up a majority share of homes in California, according to a new analysis from LendingTree. Click through to see which metros where million-dollar homes are most prevalent.
Read More »What Are Baby Boomers Looking for in Senior Housing?
A new report analyzes trends in the nation's population of nearly 76 million baby boomers, and the amenities they seek in living accommodations as many prepare to transition into senior housing.
Read More »Is Going Without Insurance a New Trend?
More-and-more people are choosing to go without home insurance for natural disasters for one reason or another. Click through for more on this emerging trend.
Read More »Fannie Mae’s Research Group Makes Downward Revisions for Mortgage Originations
“We forecast single-family purchase mortgage originations to be $1.32 trillion in 2023 and $1.41 trillion in 2024, representing downward revisions of $41 billion and $60 billion, respectively, relative to last month’s forecast,” the ESR said.
Read More »Advancing Latino Homeownership and Housing Stability
Latino homeownership lagged 22 percentage points behind white homeownership in 2021 and experienced significantly higher mortgage denial rates than their white counterparts, according to Fannie Mae’s new Latino Housing Journey. Click through for more on the disparities Latino households face and policy solutions that could increase homeownership opportunities.
Read More »Western Markets Experiencing the Largest Rent Drops Nationwide
While rents remain nearly 25% higher compared to the same time in pre-pandemic 2019, rent prices in the expensive West are seeing the largest year-over-year declines, according to Realtor.com's May 2023 Rental Report.
Read More »How Many Americans Are Living in Multigenerational Homes?
According to the Pew Research Center, the number of Americans living with multiple generations under one roof has quadrupled. More than 59 million people are now living in multigenerational households, with most homes made up of parents and adult children.
Read More »California to Texas Migration Route Becomes Even More Popular
According to a new study from StorageCafe, California to Texas is the most popular interstate relocation route in the U.S. Roughly 111,000 people took that route in 2021, with an estimated 46% of people who migrated being millennials.
Read More »Mortgage Rate Locks to Remain a Challenge
"High inflation and the Fed's actions to curb it have had a significant impact on the housing market this year. And while inflation has begun to ease, the sustained spike in mortgage rates was enough to stifle the housing market after several years of low rates and strong activity," said Realtor.com Chief Economist Danielle Hale.
Read More »ATTOM Launches New Neighborhood Search Tool
A new turnkey application enables the integration of valuable neighborhood data into existing sites or the creation of custom-branded instances for clients.
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