Median sales prices, up both month-over-month and year-over-year, slowed a bit in June, increasing by less than 1%.
Read More »Cause and Effect: Baby Boomer Lifespans and Home Inventories
As older generations of homeowners age out of their homes at higher-than-normal rates over the next decade, it could free up 4 million units of inventory. But will that be enough to offset factors keeping homeownership out of reach for many?
Read More »Nationwide, Housing Now Less Affordable Than Since Mid-1980s
Today, the Data & Analytics division of Black Knight, Inc. released its latest Mortgage Monitor Report, looking at recent cooling of annual rate of home price appreciation and ...
Read More »Housing Inventory: One Step Forward, Two Steps Back
The first numbers from June are in, and Realtor.com found inventory to be up over 18% since May but still down year-over-year.
Read More »YoY Mortgage Contract Activity Slips in Major Regions
While the housing market remains unbalanced nationwide, with demand far outpacing supply, contract signings are down significantly from a year ago due to inflated mortgage rates.
Read More »Median Sales Price Surpass Record $400k
While existing-home sales fell 3.4% in May, median sale prices exceeded $400,000 for the first time, representing a nearly 15% increase from 2021.
Read More »National Rents Maintain Double-Digit Growth, Surpassing Pre-COVID Levels
The U.S. median rental price hit its latest new high of $1,849 per month in May, representing a 26.6% increase since 2019 before the pandemic began, according to ...
Read More »Mortgage Payments Outpace Rent in Majority of U.S. Metros
As housing costs rise and demand begins to slow, inventory continues to recover from February lows, as new data reveals mortgage payments have surpassed rents in 45 of the 50 largest U.S. metros.
Read More »Home Sellers Nationwide Dropping Prices in Pandemic Hot Spots
Price drops have become increasingly common throughout the U.S., particularly in parts of Utah and other mid-sized metros in the West, according to a new report from Redfin. ...
Read More »May Home Sales Down YoY as Inventory Grows
RE/MAX has released its National Housing Report for May 2022, and although May is deemed one of the most active months of the year for home sales, closings ...
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