According to a new report from Redfin, approximately 51% of U.S. homeowners with mortgages have a mortgage rate under 4% — substantially lower than today’s level of 5%. ...
Read More »Housing Starts Edge Upward Month-Over-Month
Despite lingering supply chain concerns, there were 811,000 single-family units under construction in March, marking the highest level since 2006.
Read More »Median Sale Prices Rise Nearly 5% Over One Month
According to the RE/MAX National Housing Report for March 2022, March home sales jumped 32.2% over February, posting a report record median sales price of $360,000. As buyers ...
Read More »Going Green May Help Sell Your House Faster
Before selling, most sellers opt for a fresh coat of paint, new appliances, or a refresh of their landscaping to entice buyers hoping for a quicker sale at a ...
Read More »Are Macroeconomic Pressures Beginning to Weigh on the Housing Market?
It is no secret that the price of everything has been rising of late, and it seems that some of the pressure caused by inflation and rising interest ...
Read More »Markets Show Signs of Early Cooldown
According to a new report from Redfin, it was the hottest March ever recorded for the housing market, with homes selling at their fastest pace and for more ...
Read More »U.S. Renters Migrate Toward Feeder Cities
It’s no secret that the pandemic upended the economy and changed people's lives, especially when it came to their migration habits. Given the opportunity to work from home, ...
Read More »What is Holding Back Potential Homebuyers From Entering the Market?
The lack of affordable homes is now firmly seated as the top reason holding potential buyers back from entering the housing market, according to a new study from ...
Read More »Rents Grow Nearly 20% Since Pre-Pandemic Levels
According to the latest Monthly Rental Report from Realtor.com, rental prices grew nationwide by nearly 20% from March 2020 to 2022 during the pandemic. Two-year rental trends indicate ...
Read More »Mortgage Rates Hit 11-Year High
Not since early 2011 have mortgage rates hit the 5% mark, but this week, that became a reality, as elevated home prices and short supply are making the dream of homeownership an expensive proposition.
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