House hunters are creeping back into the market, according to Redfin’s Homebuyer Demand Index, which showed that while the share of potential homebuyers touring homes increased in January, those numbers haven't necessarily translated to more sales.
Read More »Rise in Sellers Boosts January Housing Inventory
Realtor.com's latest market report showed that more sellers were active in January, improving the share of homes for sale. However, newly listed homes still remain short of pre-pandemic levels.
Read More »Housing Shortage, Affordability Challenges Hindering Buyers
In a new report, experts from the Joint Center for Housing Studies revealed some of the primary factors contributing to nation's housing shortage.
Read More »Single American Homeowners Becoming More Prominent in 2024
No partner? No problem. A new survey from Pennymac revealed that while down payments are more expensive for single Americans buying a home, more than half of respondents believe waiting to get married or a significant other to buy a home is and outdated idea.
Read More »More Than Half of Americans Feel Homeownership Is Unattainable
A new survey from Home Bay takes the pulse of how Americans feel about homeownership—and how far out of reach many feel it may be.
Read More »Homebuyers Nationwide Gaining More Purchase Power
Since mortgage rates hit nearly 8% last October, Redfin has found that homebuyers on a $3,000 monthly budget have gained significant purchase power since that time.
Read More »Think Tank Reveals Six Key Findings on Today’s Rental Market
The Joint Center for Housing Studies at Harvard University has released a new report on the state of the American Rental market. Click through to find the six key data points highlighted by the report.
Read More »Home Affordability Got a Boost in Time for Christmas
“Homebuyer affordability improved for the second consecutive month in December as interest rates declined significantly from recent highs,” said Edward Seiler, MBA’s Associate VP of Housing Economics and Executive Director for the Research Institute for Housing America. Here’s what to expect as we approach spring.
Read More »Inclement Weather Impacting U.S. Homebuying Activity
As inventory remains alarmingly low, home prices are also rising in parts of the U.S., with some potential buyers being hampered by harsh weather. But in a new report, Redfin agents say that “serious buyers are finding a way to see desirable homes,” and demand is picking up in warmer regions.
Read More »End-of-Year Market Trends Bode Well for the New Year
"There are many reasons to be encouraged about housing in 2024," said Nick Bailey, RE/MAX President and CEO. "The high mortgage rates and inventory lows of 2023 definitely made for a challenging market, but December data shows some positive signs for the new year."
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