Realtor.com has released its Monthly Housing Market Trends Report for December, which revealed that while the share of active listings on the market remains low compared to pre-pandemic levels, an uptick in inventory could mean a broader range of homes for homebuyers to choose from.
Read More »Accessory Dwelling Units Offer Relief from Housing-Related Challenges
Accessory Dwelling Units, known as ADUs, are small, independent units that are inside of, attached to, or detached from a primary residence, and a new report from the Joint Center for Housing Studies revealed they may have the potential to address housing-related challenges like affordability, equity, and environmental issues.
Read More »Consumers Reveal Their 2024 Mortgage Rate Expectations
The Fannie Mae Home Purchase Sentiment Index revealed consumers' optimism surrounding mortgage rates surged in December, and according to Mark Palim, VP and Deputy Chief Economist at Fannie Mae, "a more optimistic rate outlook among consumers may signal an expectation that home affordability pressures will ease in 2024."
Read More »Health & Housing: Drawing Connections
According to a new study from the Joint Center for Housing Studies, health disparities may be driven by inequality within certain neighborhood environments, specifically those of color and lower income.
Read More »Rise in New Listing Volume Suggests Positive Trends in 2024
With interest-rate shock continuing to impact new listing volumes, housing inventory remains at historically low levels, according to HouseCanary's December Market Pulse Report. But positive developments may be ahead.
Read More »Millennials Believe They’re More Financially Savvy Than Their Parents
A new SWNS Digital study revealed that while one in nine millennials admit that they’re not confident in understanding how the credit score system works, more than half believe they're more financially mature than their parents. Does the data support that confidence?
Read More »Will Housing Affordability Improve in 2024?
Housing costs reached record highs for homebuyers and renters in 2023, but affordability is projected to improve this year. A new Zillow report shares predictions for the hottest housing markets of 2024.
Read More »2024 Housing and Economic Conditions: Headed in the Right Direction?
According to a new LendingTree study, rates began to trend in the right direction after peaking in October, with the average rate for 30-year fixed mortgages falling to below 7.00% by December, ending the year more than a percentage point lower than their 2023 peak. But will economic conditions continue to ease in 2024?
Read More »Renters Faced a Tough Market This Year
Despite a surge of new apartments listed on the market this year, fewer renters renewed their leases, according to RentCafe's 2023 Year-End Report.
Read More »Is the SFR Market on the Upswing?
Median rental property prices in Q3 experienced a slight increase year-over-year, as rentals continue to be snatched off the market at a much faster pace, according to new data from HouseCanary.
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