As homebuyers continue their house hunt, finding a home that’s perfect is not just about the right timing and price —it’s also about finding the right style. HomeAdvisor ...
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.
Read More »Renting Remains Most Affordable Option in Major Metros
In 38 of the 50 largest U.S. metros, the monthly cost of renting a home is lower than buying a starter home. The median listed rent across these 50 analyzed metros was $1,876, growing by 14.1% during June 2021.
Read More »Higher Rates Impacting the Overall Mortgage Credit Landscape
Mortgage credit availability fell slightly in June, according to the MBA, as mortgage rates reacted to the Fed’s actions in raising the nominal interest rate to curb inflation.
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 »Home Prices Dip Month-Over-Month But Post Annual Gains
S&P CoreLogic Case Shiller reports that despite a 20.4% annual gain in April 2022, home prices in the U.S. were down slightly from 20.6% recorded the previous month.
Read More »Miami Tops Most Competitive Rental Markets
While competition in the Northeast intensifies, according to new data from RentCafe, Miami-Dade County stands as the nation’s most competitive apartment market in 2022.
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 »New Home Sales Pick Up Strength in May
Sales of new single‐family homes in May rose to 696,000, a 10.7% month-over-month rise of April’s recorded total of 629,000.
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.
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