According to a new StorageCafe study, while Florida boasts two of the top three metropolitan areas for retirees, half of the nation’s best retirement destinations were found in the Northeast, with New York's New York City and Albany atop the list.
Read More »Home Prices Trend Downward Nationwide in November
For the fifth consecutive month, the S&P Dow Jones Indices reported declining home prices in the U.S., as potential buyers took a bigger step back from the market.
Read More »Examining Homeownership Gender Gaps
Single women own an estimated 2.64 million more homes than single men nationwide, according to a new LendingTree study, and are more likely to own their homes. Click here to see where the homeownership gap between genders is the largest in the U.S.
Read More »Homebuyer Assistance Programs Increase for Fifth-Straight Quarters
A new report found an upward trend in new homebuyer assistance programs amid difficult homebuying conditions.
Read More »FHA-Insured Mortgage Loss Mitigation Plans Extended
Pandemic-era loss mitigation plans have been expanded and extended by the FHA going forward. Click through to find out what that means for borrowers and servicers alike.
Read More »Homebuyers Return as Market Shifts Toward Their Favor
According to a new Redfin study, as homebuyers adjust to 6% mortgage rates, more homes have gone under contract in January than in the entire fourth quarter, up from a low in November and December.
Read More »Potential Homebuyers Opting to Rent Rather Than Buy
The share of families living in apartments has reached the highest level in half a century, as a new RentCafe study shows more of those who could purchase a home are choosing instead to rent.
Read More »Pending Home Sales Increase, Breaking a Six-Month Downturn
“This recent low point in home sales activity is likely over,” said Lawrence Yun, NAR’s Chief Economist. “Mortgage rates are the dominant factor driving home sales, and recent declines in rates are clearly helping to stabilize the market.”
Read More »Renting a Home Now Costs Less Than Homebuying
On average, the monthly cost of buying a starter home in December 2022 was nearly 50% higher than the cost of renting, according to Realtor.com's Monthly Rental Report.
Read More »Analyzing the Most Cost-Effective Regions for House Hunters
A new report from North American Moving Company examines median prices, tax rates, and other factors to determine 2023’s most affordable regions.
Read More »