Now is not a great time to be a renter according to new data from Redfin, which found that the median rent surged in March to $1,940—the largest annual increase since February 2020.
Read More »Eleven Straight Months of Record-Level Rent Gains
Another month, another record set. According to CoreLogic rent prices for single-family homes continued their double-digit gains in February as prices rose 13.1% from one year earlier on ...
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 »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 »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 »Sellers Should Start Preparing Their Homes for Sale Post Haste
As part of “Listapalooza,” Realtor.com has released a slew of new data showing that potential sellers should think about preparing their home to sell now, during the time ...
Read More »Adversity Mounts for Single Women Seeking Homes
It’s no secret that home prices are rising in nearly every corner of the country, but what does that mean for certain marginalized demographics in their search for ...
Read More »Credit Availability Declines in March
Mortgage credit availability, a key component of the mortgage application process, decreased in March, according to the Mortgage Credit Availability Index (MCAI), a monthly report from the Mortgage Bankers ...
Read More »COVID-19 Is Still Affecting Homebuyers’ Choices
The housing market is currently in a tizzy—prices hit new records seemingly every day, while inventory sits near record lows. Even with the market in its current state, ...
Read More »