Tag Archives: housing costs

Asking rents have declined year-over-year in three of the last four months, according to a new Rent.com report, dropping a total of four times in 2023. As prices continue to climb in the Midwest, other regions saw annual declines in November, as the market continues its seasonal slowdown.

Outpacing millennials, Gen Zers are now driving renter households, according to a new analysis from the Joint Center for Housing Studies. As Gen Z rental demand heightens and older generations exit the rental market, experts predict the number of renter households Gen Z adds in the next 15 years will be an important pillar of housing demand.

According to Bank of America's latest Homebuyer Insights Report, the estimated number of prospective buyers willing to wait for prices and/or mortgage rates to fall before purchasing a home is down from a whopping 85% recorded in June.

The Joint Center for Housing Studies has released Housing America’s Older Adults 2023 report, revealing that the older population is surging, presenting imminent challenges to supply housing and care for millions of Americans in the coming years.

As inflation eases and mortgage rates fell from their highest level, housing payments declined. A new Redfin report reveals an uptick in new listings, and what the drop in monthly payments could mean for homeowners and buyers in the coming year.

A new LendingTree report revealed how consumers feel about current market conditions, the likelihood of the market crashing in 2024, and just how many are actively hoping it does.

Single-family homeowners and condo owners are losing hundreds of dollars by the day, according to a new Point2 analysis. Learn which cities were hit the hardest in this latest study.

As Americans hold tightly to their low mortgage rates, more than 90% of homeowners remain financially disincentivized from selling their homes, as it would cost more to borrow the same amount of money they owe on their current mortgage. A new study from First American dives into the situation.

Homebuyers backed out of deals at the highest rate on record in October, driving more home sellers to lower their prices and offer concessions to entice home shoppers. A new Redfin report revealed that a spike in new listings drove pending home sales to their highest level in a year.

As home prices hit a new peak for the seventh consecutive month in October, sellers continued their "suppliers’ strike," further constraining the market, according to First American's latest Home Price Index report.