Tag Archives: U.S. Census Bureau

 A new analysis by LendingTree has found that the average down payment has kept pace with record-high home prices, with some down payments coming in at 88% of the median area income. 

A new study ranks three separate cities in Virginia as the best places for first-time homebuyers. The study compares 300 cities of varying sizes, scoring them in 22 separate categories.

An analysis of Census Bureau data has found that older homeowners are heading to the Sunshine State, while younger homeowners are calling the Lone Star State “home.”

The Census Bureau and HUD have found new home sales slowing in July, rising slightly over June’s totals, and limited by multiple supply-side headwinds.

Increased costs and a bottlenecked supply chain have resulted in a dip in home building, even putting a hold on some new home sales.

With a 6.6% monthly drop-off, sales of new single‐family homes fell in June, as builders continued to feel the squeeze of an uptick in labor and material costs.

The demand for vacation and second home sales is outpacing the overall growth in existing-home sales, according to a new survey.

Continued elevated demand and the high cost of building materials are impacting mortgage applications for new homes for the second consecutive month.

As the nation continues to struggle to keep up with housing demand, more Americans are deciding to ride out the storm and not give into exorbitant prices on limited inventory.

Nationwide, home prices continued to accelerate in the month of March, with most of the nation’s major cities showing major gains.