The housing market continues to change as higher mortgage rates, rising inflation and economic uncertainty have sidelined many buyers. Meanwhile, according to this month's Knock Buyer-Seller Market Index, ...
Read More »Rent Growth Moderates for Third Consecutive Month
Rent growth is likely to keep slowing as rising interest rates continue to cool the economy, as asking rents climbed to a record high in August, while rent ...
Read More »Housing Inventory Holds Steady, Yet 600,000 Units Short
After posting gains this summer, for-sale inventory levels stalled in August growing at a fraction of the rate seen in recent months as sellers are more frequently choosing ...
Read More »Average Homebuyer’s Mortgage Payment Up 15% Since August
The typical homebuyer’s monthly mortgage payment has climbed $337 —or 15%— over the past six weeks to a new high of $2,547, according to a new report from ...
Read More »ALTA Reports Slip in Title Premium Volume During Q2
The title insurance industry generated an overall $6.21 billion in title insurance premiums during the second quarter of 2022 compared to $6.54 billion during the same period a year ago, according ...
Read More »HUD and Census Bureau Unveil Latest American Housing Survey
The American Housing Survey covers a wide range of housing topics, offering insight into the composition and quality of the nation's housing stock, rents, mortgages, and other housing costs. HUD and the Census Bureau discuss further details here.
Read More »Homeownership Remains ‘Historically’ Unaffordable in Most of U.S.
ATTOM has released its Q3 2022 U.S. Home Affordability Report showing that median-priced single-family homes and condos remain less affordable in Q3 of 2022 compared to historical averages ...
Read More »Off-Season Shoppers Find More Options Amid Sparse Inventory
As the housing market tries to adapt to multiple external influences, the fall housing market is offering off-season shoppers more options this fall comparatively to 2021, as inventory ...
Read More »Experts: Buyers Will Return to Power in 2023
A new Zillow survey of 107 housing market experts and economists found one common thread where all respondents agreed: sellers will relinquish the recent control they have had ...
Read More »Mortgage Rates Inch Closer to 7% Mark
The last time mortgage rates hovered near the 7% range was two decades ago, as continued Fed actions to ease inflation have forced the fixed-rate mortgage to 20-year highs.
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