While rising supply is causing rent growth to slow, Redfin’s latest market report revealed rent growth experienced its first single-digit increase in a year, marking a significant slowdown from the estimated 20% growth in Q1. Here are the latest findings.
Read More »Senior Home Equity Hits Record $11.58T Nationwide
The latest data from NRMLA/RiskSpan finds U.S. homeowners 62 and older experiencing housing wealth growth of 4.10% or $456 billion in the second quarter of 2022, marking a new all-time high.
Read More »Sharp Decrease in Demand Driving Housing Market Cooldown
While declining demand led to a nearly 20% decrease in new listing volumes in September, the volume of price drops is up 83.2% compared to the same time last year. Click through to learn more from HouseCanary's latest Market Pulse report.
Read More »Housing Inventory Holds Steady, Yet 600,000 Units Short
After posting gains this summer, for-sale inventory levels stalled in August growing at a fraction of the rate seen in recent months as sellers are more frequently choosing ...
Read More »Off-Season Shoppers Find More Options Amid Sparse Inventory
As the housing market tries to adapt to multiple external influences, the fall housing market is offering off-season shoppers more options this fall comparatively to 2021, as inventory ...
Read More »Utilizing Tech to Curb the Affordability Crisis
As the nation’s home buyers continue to face affordability woes, Joe Puthur from Mortgage Coach shares his thoughts on ways to ease the issues faced by many prior to entering the housing marketplace.
Read More »Homebuyers and Sellers Adapt to Changing Market Conditions
A new Zillow analysis revealed home-buying demand has cooled from the record pace of 2021, while competition is now at its hottest for the lowest-priced homes as mounting ...
Read More »Sensitive Mortgage Rate Environment Drives Up Home Searches
Since mortgage rates fell from their June highs, Redfin reports online real estate searches and home tours have ticked up and/or stabilized.
Read More »Inflationary Concerns Spur Homebuyer Hesitation
A recent Quicken survey found that 21% of those polled planned to buy a first or new house in 2022, with 69% of that segment now reconsidering that move.
Read More »Housing Experts Take to Capitol Hill to Address Affordability
A recent Senate Banking Committee hearing addressed the nation’s homeownership gap, and provided recommendations on how to mend a market in peril.
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