New data from Redfin's latest market report showed that homebuyers’ down payments doubled during the pandemic, and despite September revealing a slight decline from their peak in June, competition and increasing home prices continue to make it difficult for prospective buyers to afford homes.
Read More »Home Prices More Concerning Than a Potential Recession?
Despite ongoing discussion of impending recession, a new survey found that Americans’ concerns are more focused on housing costs, with home prices up 14% year-over-year.
Read More »Increased Cost of Homeownership Dampening Buyer Demand
CoreLogic has released the CoreLogic Home Price Index (HPI) and HPI Forecast for August 2022, showing home prices nationwide —including distressed sales— increased year-over-year by 13.5%; the lowest ...
Read More »Recession Perception Increasingly Affecting Homebuyers
In order to better understand the sentiment and experiences of buyers, sellers, and renters currently on the market for homes, the Realtor.com Economics team has conducted a randomized ...
Read More »Market Trends: Where’s the Best State to Retire?
Retirement often brings a slower pace of life, and choosing where to settle down can be a great decision. For this study, Bankrate considered some of soon-to-be retirees ...
Read More »Homebuyers Compromise Priorities, Persevere Through Challenging Market
American homebuyers persevered through high prices and fierce competition in 2021 and 2022, but few landed their dream home as 80% reported compromising on their priorities, according to ...
Read More »New Listings Experience Biggest Annual Decline Since Pandemic Onset
Would-be sellers are becoming more reluctant to list their homes as surging prices begin to come down. With fewer new listings, buyers’ bargaining power is reaching its limit ...
Read More »Q2 Experiences Steep Home Price Hikes
ATTOM released its Q2 2022 U.S. Home Sales Report, revealing that profit margins on median-priced single-family home and condo sales across the United States hit another new record ...
Read More »Housing Markets Shifting Toward a ‘New Equilibrium’
Month-over-month, home prices fell 0.9% in May, as CoreLogic S&P Case-Shiller reports actions by the Federal Reserve to cool the market have made mortgage financing more expensive for buyers nationwide.
Read More »Home Prices Dip Month-Over-Month But Post Annual Gains
S&P CoreLogic Case Shiller reports that despite a 20.4% annual gain in April 2022, home prices in the U.S. were down slightly from 20.6% recorded the previous month.
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