Though high mortgage rates and economic inflation are discouraging many Americans from moving, among the people who are still buying homes, one in four are searching outside of their hometown in relatively affordable areas and hotspots like Las Vegas and Florida.
Read More »Homebuyers Find Affordability Relief
Zillow reports that monthly mortgage payments retreated in November, but numbers are still up more than 60% over the past year.
Read More »How Many Renters Are Renewing Their Leases?
A new study from RentCafe breaks down that information and examines where the nation’s most competitive rental markets can be found.
Read More »Top 10 Cities for Americans Seeking Their First Home
As the share of first-time buyers rebounds to pre-pandemic levels, Zillow analysts have determined the metros with the most favorable purchasing conditions.
Read More »Bargain Cities Still Exist
According to Realtor.com, there are still relative housing bargains to be had if you look in the right place. This new report highlights some of the areas slated to see the strongest growth in the coming year.
Read More »Affordability Easing in Some U.S. Metros
Are rising mortgage rates still holding back prospective buyers? Click through to find out more on the latest in the buyer’s market.
Read More »Affordability will be Driving Housing Market Force in 2023
"Affordability is going to be the biggest factor in housing for 2023, but there's room for optimism on that front if mortgage rates recede," said Zillow Chief Economist Skylar Olsen.
Read More »Southern U.S. Less Vulnerable to Q3 Housing Market Declines
ATTOM data has found that Mid-Atlantic states, California, and Illinois were more vulnerable to housing market declines in the third quarter.
Read More »Mortgage Rates Fall for Third Consecutive Week
Riding the hopes that the Federal Reserve will slow its pace of rate hikes, Freddie Mac reported that the 30-year, fixed-rate mortgage fell yet again, as house prices soften with 2022 coming to a close.
Read More »Experts: Homebuying Costs Won’t Come Down in 2023
According to Realtor.com's 2023 Housing Forecast, homebuyers won't find increased affordability in the coming year, as home prices aren't projected to decline nationwide amid the volatile market and rising mortgage rates.
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