Traditional

“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.

"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.

David Aach of Blue Sage Solutions shares his outlook for the coming year, exploring how advances in the tech space will propel the marketplace in 2024 and beyond.

According to new data from Verisk, the cost of home repairs and remodeling in Q3 2023 jumped year-over-year, as the costs of materials used in home repairs continue to rise.

In addition to high demand for single-family homes, apartments and rental units within driving distance of city centers are selling at a premium.

Through the month of October, the VA has housed more than 38,000 homeless veterans, reaching its goal two months early and prioritizing ending veteran homelessness as a top aim.

A new proposed rule would provide residents of public housing or in properties receiving project-based rental assistance 30 days' notice to cure lease violations for nonpayment of rent.

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.

“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.

The MBA reports that the average national median mortgage payment rose to $2,199 in October, a $143 year-over-year rise. Here are the factors that were “dissuading would-be buyers from entering the housing market.”