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.
Read More »U.S. Median Rents Exceed $2k in May
The median monthly asking rent in the U.S. surpassed a whopping $2,000 for the first time in May rising 15% year-over-year to a record high of $2,002—according to ...
Read More »Real House Prices Increase Nearly 33% YoY
First American Financial Corporation released the March 2022 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S. adjusted ...
Read More »Closings Inch Down Ahead of Anticipated Spring Surge
RE/MAX released its National Housing Report for February 2022, revealing home sales fell approximately 1% from January, planning for what is typically the year's biggest month-over-month incline in ...
Read More »Median Prices Rise in the Least Affordable Metros
Austin, Texas saw the biggest home price increase of any metro area in the U.S. in 2021, with home prices rising 35.5% year-over-year, according to a new OJO study.
Read More »Homebuying Becoming More Cost-Effective Over Renting
A new survey has concluded that an increasing number of Americans are opting to purchase homes over renting in an increasing number of metros nationwide.
Read More »Monitoring Millennial Migration
Young adults are moving more frequently than ever before. What economic and social factors are causing this new trend?
Read More »Markets too Pricey for Millennials
While major metros provide amenities and job opportunities, few millennials are able to afford to live there, including one city where fewer than 2% can afford homes.
Read More »Homebuyers Spending Big Money in the Big Cities
Average prices for single-family homes in metros increased annually in 91% of markets in Q2 2019, according to the National Association of Realtors (NAR). The latest figures represents ...
Read More »The Week Ahead: Spotlight on Home Prices
The S&P CoreLogic Case Shiller Home Price Index will give insights into the movement of home prices across the country. Click through to learn more about what else is in store in The Week Ahead.
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