Realtor.com has found that more than 60% of all listing page views from the top 100 metros went to homes located outside the metropolitan areas where shoppers live.
Read More »California Metros Top List of Least Affordable Cities for First-Time Homebuyers
Five California metros have been named the least affordable cities and worst cities to purchase a home for first-time homebuyers, according to a new study from WalletHub. Multiple Golden State areas were also ranked for the highest cost of living throughout the U.S.
Read More »Trend of Slowing Rent Growth Continues
"In April, we continued to see rising rent prices and a moderating growth rate. This is promising news for renters, suggesting that the pandemic peaks are behind us, and that the challenging affordability picture may begin to improve," said Realtor.com Chief Economist Danielle Hale.
Read More »A Record One-Quarter of Homebuyers Looked to Relocate in Q1
According to a new report from Redfin, house hunters moving to a new area make up a bigger piece of the homebuying pie than ever, as record 25.1% of home searchers looked to relocate to a new metro in Q1.
Read More »Renters of Color Pay Higher Security Deposits, Application Fees
According to a new report from Zillow, renters of color are more likely to pay higher upfront costs when applying for a rental compared to white renters, while Black and Latinx renters were nearly twice as likely to submit multiple rental applications before securing a lease.
Read More »Miami Named Most Popular Metro for Relocators
A record 25% of Redfin.com home searchers looked to move to a different U.S. metro in January, many in search of more affordable housing, as Miami, Sacramento, and Las Vegas were the most popular destinations.
Read More »High Housing Costs Drove Relocation in 2022
As homebuyers nationwide face inflationary home prices, those who purchased a home relocated at an unprecedented rate in Q4, as elevated mortgage rates and economic uncertainty drove many homebuyers to more affordable areas.
Read More »Nation’s Longest Home Price Boom Ends After a Decade
According to a new study by the American Enterprise Institute's Housing Center, all of the 60 largest metros analyzed experienced significant declines in home prices in November, marking the end of the longest home price boom on record.
Read More »Nearly a Quarter of Homebuyers Looking to Migrate Between Metros
Though high mortgage rates and economic inflation are discouraging many Americans from moving, among the people who are still buying homes, one in four are searching outside of their hometown in relatively affordable areas and hotspots like Las Vegas and Florida.
Read More »Mid-Size Cities Top List of Best Metros for Families
A new StorageCafé study showed the South dominated the list of the 20 most family-friendly cities, with the Lone Star State grabbing five spots in the rankings, as Plano, Texas, was named the best city in which to raise a family.
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