Market Trends

A new report from the Joint Center for Housing Studies revealed Black, Hispanic, and Asian households were far more likely than white households to fall behind on housing payments during the pandemic. Black renters were most vulnerable, with one in four reporting being behind on rent in 2020.

Housing demand remains strong across the U.S., according to the RE/MAX National Housing Report for June, as home sales rose 5.4% from May, posting the highest median sales price since June 2022's peak price of $426,000.

While mortgage rates remain elevated nationwide, the NAHB reports that low existing inventory helped push builder confidence up in July.

While renting is more affordable than buying a home in many U.S. metros, Arlington, Virginia, was ranked the most in-demand city for renters in July, according to a new analysis from RentCafe, followed by Orlando, Florida, and Cincinnati.

A new poll by Fannie Mae has found that 73% of respondents believe the U.S. economy is on the “wrong track,” with a vast majority of lenders feeling the economy is "very likely" or "somewhat likely" to enter a recession in the next two years.

A slowdown in inflation caused the 30-year, fixed-rate mortgage to take an 18-basis point week-over-week plunge after nearly crossing the 7%-mark the week prior.

As advancements are made in the tech world to optimize e-mortgages, the Five Star Institute and DocMagic will present a webinar discussing barriers that remain throughout the process, as well as embracing the customer service aspect of going all-digital.

A new study from Yardi Matrix revealed student housing posted five consecutive months of annual rent growth of over 7% recorded through June, while new data projects rates to remain solid throughout the 2023-2024 semester.

A new report from NAR shows existing-home sales dipped 3.3% from May, while the median existing-home price for all housing types reached its second-highest mark of all time in June.

Following three quarters of decline, ATTOM reports that home investment returns rose in Q2, led by a springtime surge in buyer demand, pushing seller profits back up to nearly their highest level recorded in the past decade.