Redfin’s Home Price Index reveals that home price growth has stalled as U.S. housing supply remains below pre-pandemic levels. Read on to learn why buyers have been left “grappling with limited purchasing power."
Read More »Office Space to Living Space: Conversions to Skyrocket in Major U.S. Cities
Office-to-apartment conversions have more than quadrupled in the past four years, according to a new study, which revealed that the reconstruction of office buildings into living spaces is expected to hit a new record in 2024.
Read More »International Markets Boast Less Space, Affordability for Starter Homes
How many years' worth of income do homebuyers across the globe need to afford a starter home? A new article revealed the amount required and in which countries beginning homes are affordable to buy—and where they're not.
Read More »Builder Sentiment Surges, But Challenges Lie Ahead
According to the National Association of Home Builders, single-family starts are expected to grow in 2024, and while builder sentiment improved, "builders will face growing challenges with building material cost and availability, as well as lot supply," according to NAHB Chairman Alicia Huey.
Read More »Which Cities Does Gen Z Have the Best Chance at Homeownership?
As housing affordability remains a concern for many Americans, a new Point2 study revealed the biggest U.S. cities where it's easiest for Gen Zers to become homeowners—and locations where it's nearly impossible.
Read More »Rocket Companies Appoints First-Ever Group CMO
With decades of experience growing brands for public companies including Coca-Cola and Airbnb, internationally recognized marketing leader Jonathan Mildenhall has been named Rocket Companies' first-ever Chief Marketing Officer.
Read More »Ally Financial to Appoint New Interim CEO
With his career spanning more than three decades, Ally Financial has announced that industry veteran Douglas Timmerman, President of Dealer Financial Services, will be appointed as the company's interim CEO on February 1, following the departure of sitting CEO Jeffrey J. Brown.
Read More »New Home Purchase Mortgage Apps Post YoY Gain
According to Joel Kan, MBA’s VP and Deputy Chief Economist, “Mortgage applications for new homes showed a 22% annual gain in December—the 11th consecutive year-over-year increase in applications.”
Read More »Rents Outpacing Home Prices in More Than Half the Nation
Rents are elevating, growing at a much faster pace than home prices in most local U.S. markets. According to new data, however, renting remains more affordable than homeownership for many.
Read More »Single Women Outpace Their Male Counterparts in Homeownership
While Beyoncé's smash hit "Single Ladies" highlighted the importance of women's independence, a new LendingTree study revealed that, although they make less in earnings, single women now own more homes than single men throughout the U.S.
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