A new Zillow analysis revealed home-buying demand has cooled from the record pace of 2021, while competition is now at its hottest for the lowest-priced homes as mounting ...
Read More »Housing Starts Slip Amid Economic Headwinds
Housing starts fell further than anticipated in July, as multi-family becomes a bright spot with builders adapting to a growing rental market.
Read More »Waters Calls for Accountability From Equifax
The Chairwomen of the House Financial Services Committee published a letter sent to Equifax, demanding answers for issues involving allegedly inaccurate credit scores.
Read More »Q2 Housing Affordability Drops to Lowest Point Since Great Recession
Rising mortgage rates, high inflation, low existing inventory, and elevated home prices contributed to housing affordability falling to its lowest point since the Great Recession in Q2 of ...
Read More »One-Third of Homeseekers Looking to Migrate
People are leaving high-cost cities on the coasts in droves, seeking out warmer climates and cheaper housing. Here’s what the data reveals.
Read More »Bidding Wars Becoming Less Common
Now recording its sixth month of decline, homebuyer competition has now fallen to levels seen during the initial throes of the pandemic. According to Redfin, 44.3% of home ...
Read More »The Average Home Cost Has Surpassed $400k For First Time
Despite market influences that are pushing up mortgage rates and slumping home sales numbers during the second quarter of 2022, most metropolitan areas still saw double-digit annual price ...
Read More »Share of Homes Listed More Than 30 Days Increases
The share of U.S. homes that were listed for 30 days or longer without going under contract increased 12.5% in July from a year earlier, according to a ...
Read More »Fixer-Uppers Offer Path to Homeownership
Buying a fixer-upper remains a viable option for many buyers trying to stretch their dollar in the current environment of still-rising home prices, bidding wars, low inventory and ...
Read More »Credit Availability at Lowest Level Since 2013
“Credit availability fell last month to the lowest level since May 2013, as lenders streamlined their loan offerings in this declining volume environment,” said Joel Kan, MBA’s Associate VP of Economic and Industry Forecasting.
Read More »