Real Estate

According to a new Redfin report, homebuying demand persists as mortgage rates declined for the second consecutive week after the Fed announced it will only modestly hike interest rates.

The single women’s homeownership rate declined in 2022 for the first time since 2016, with a slide of 4.1 percentage points from its peak of nearly 27% in 2021.

According to a Point2 study, American respondents said transitioning from a condo to a house would be easier in 20 of the largest U.S. cities analyzed.

According to a new report from CoreLogic, Southwestern counties ranked highest in a recent “Safest Place to Live” study, offering homeowners in those areas more protection from some weather-related climate risks.

Across America, rent control policies reduce investment and development, according to a study from the National Apartment Association that examines how rent control is hurting housing supply nationwide.

Mortgage rates fell for the second consecutive week, spurring a jump in mortgage apps at the outset of the spring homebuying season.

"The general rule of thumb is that you shouldn't spend more than 30% of your income on housing, but the data shows that in eight of the 50 largest metros, many renters are doing just that," said Realtor.com Chief Economist Danielle Hale.

The dip in mortgage rates has kicked the spring homebuying season off on the right foot, as the MBA reports overall app volume on the rise for the third straight week, amid uncertainty over the health of the banking sector.

"Conscious of changing mortgage rates, home buyers are taking advantage of any rate declines," said NAR Chief Economist Lawrence Yun.

According to a new CoreLogic report, single-family rent price growth was up by nearly 6% year-over-year in January, marking the lowest rate of appreciation since the spring of 2021.