According to a new study from Real Estate Witch, inflation has impacted an estimated 92% of millennials' homebuying plans, indefinitely delaying home purchases for many prospective buyers.
Read More »Homebuyers Find Affordability Relief
Zillow reports that monthly mortgage payments retreated in November, but numbers are still up more than 60% over the past year.
Read More »Wait and See: More Home Sellers Forced to Sit Tight
With home sales on the decline and mortgage application volume falling to a 25-year low, Redfin reports sellers’ time on market has doubled from the spring as buyers wait for both prices and rates to come down.
Read More »Home Affordability Hits Another Low in Q2
While many in the housing market are predicting a shift in power to buyers' favor, that switch may not be coming anytime soon to according to a recent ...
Read More »New Home Listings Down Nearly 30% YoY
HouseCanary, Inc. has released its latest monthly Market Pulse report, covering 22 listing-derived metrics and comparing data between August 2021 and August 2022, which found that the housing market ...
Read More »Pending Home Sales Numbers Take a Hit
As costs continue to rise and buyers are priced out of their local market, Redfin has found that the length of time a home is on the market ...
Read More »Softening Demand to Present New Buying Opportunities in the Weeks Ahead
Realtor.com reports that home price growth is expected to ease in the weeks ahead, pointing toward a rebalancing of market conditions.
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 »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 »Summer Busy Season? Not So Fast
In May, the HouseCanary Market Pulse reported the first signs of a potential softening in the housing market as a litany of external influences exerted pressure on the ...
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