While inflated home prices continue to dampen demand, home sales fell to a more than seven-year low in January, as rising rates continue to weaken home affordability.
Read More »Homes Owned by Black Families Appreciated Fastest During Pandemic
According to a new Zillow report, Black Americans' housing wealth has made strides, as the gap between the value of the typical Black-owned home and the typical U.S. home is the smallest it's been in the past two decades.
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 »New Construction Homes Hit Record High in Q3
According to the latest Redfin analysis, a surge in construction during the pandemic boom resulted in nationwide inventory growth, as the share of single-family homes is up 25% from Q3 of 2021.
Read More »Slowing House Price Appreciation Expected to Continue
Having slowed from recent peaks, house price appreciation in all top 50 markets analyzed in the latest study from First American revealed the housing market is adjusting to the decline in affordability as the hot pandemic sellers’ market transitions in favor of homebuyers.
Read More »Rental Affordability Window Closing for Many
While mortgage rates are discouraging buyers' homeownership goals, quickly rising interest rates continue to hamper renters’ already limited buying power in the nation’s most expensive markets.
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 »Buyers Retreat, Sellers in Pandemic Boomtowns Drop Asking Prices
A high share of home sellers dropped their asking price in July, particularly in pandemic boomtowns, as they struggled to match their expectations with the reality of the ...
Read More »Homeownership Tenure Increases Nearly 34%
According to a new report from Redfin, the typical American homeowner in 2021 had spent 13.2 years in their home—down slightly from the peak of 13.5 years in 2020, but ...
Read More »A Tale of Two Coasts for Housing Prices
Find out which markets experienced double-digit annual declines in home-sale prices, and how the other side of the country is faring.
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