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Tag Archives: Housing Markets

Migration, Immigration Fueled Population Growth in Past Years

While the national population growth rate plummeted during the pandemic, the latest State of the Nation’s Housing report from the Joint Center for Housing Studies revealed migration and immigration were the key source of growth in 2022, as domestic migration was the largest source of growth in 56% of the counties analyzed.

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Will the ‘Seller’s Strike’ End, or Will Homeowners Give In?

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.

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New Listings Up, Pending Sales Reach Highest Level in a Year

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.

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Increasing Rental Inventory Fuels Rise in Vacancies

While available rental inventory has increased, the overall rental vacancy rate hit nearly 7% in Q3, representing the highest level since 2021. A new Redfin report shows asking rents continuing to linger just below their record high from October.

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