Tag Archives: Housing Market

According to a new report from Redfin, the Homebuyer Demand Index revealed declining rates have lured some homebuyers back into the housing market, with the typical home’s time on market rising at its fastest annual pace on record.

Aggressive rate hikes coupled with sky-high home prices mean buyers are bleeding money.

The latest market analysis from CraftJack reveals that the number one reason Americans move is for a job, but many are seeking a lower cost of living and a warmer climate. Click through to learn which states Americans are most moving to and from, as well as why the cost of moving is deterring so many homebuyers.

According to Zillow's latest market report, inventory levels are up 3% from 2021, leaving more options for buyers and more competitive pressure on sellers. However, new for-sale listings saw an 11.4% drop from August, marking the third straight month of double-digit declines.

As escrow and title payments turned negative in 2022, new data from Bank of America showed that median mortgage payments rose nearly 9% in September, while total payments increased 10% year-over-year.

Since the start of the pandemic, homes have been in high demand leading to fierce competition, rapidly depleting inventory, soaring prices, and a swift market pace. Realtor.com recently ...

New experimental data from the American Community Survey revealed that cost burdens rose the fastest among families headed by a Black person, as Black renter household rates increased an overall 3.5 percentage points, reaching 51% in 2020.

New data from Redfin recently revealed that buyers are seeking out less expensive areas like Tampa and San Antonio due to the surging cost of housing and other goods, limiting their ability to purchase homes in many U.S. cities.

In 38 of the 50 largest U.S. metros, the monthly cost of renting a home is lower than buying a starter home. The median listed rent across these 50 analyzed metros was $1,876, growing by 14.1% during June 2021.

Fixed-rate mortgages took a 0.40% dip this week on the heels of recent volatility of the 10-year Treasury yield.