Affordability

A new Zillow study revealed that while homeowners remain worried about expenses and financial longevity, a surprising number of prospective homebuyers said they could be convinced to buy a haunted house if it had the right features.

While unwarranted repairs remain a hassle for many homeowners, annual spending for improvements and restorations to owner-occupied homes is expected to shift in the coming year, according to a new report from the Joint Center for Housing Studies. Here are the factors in play.

New action by the Department will broaden housing and neighborhood choices for more than 800,000 total households by giving families more choices and supporting more inclusive communities. Here’s why HUD Sec. Marcia Fudge said this action “helps realize a dream that has been deferred for too long.”

Real Estate Agent Meghan Carroll says, "Inventory levels are also still low, which is keeping the prices higher and making bidding wars commonplace here. So, it can be tough out there for some buyers–especially young, first-time buyers." Click through to read the full September 2023 Housing Report from RE/MAX.

"With a record number of new units coming onto the market driving rent prices down, those who may have given up hope of homeownership may be able to leverage more affordable rental options—including downsizing to a smaller unit or considering a roommate for the near term—to help build savings for a future home," said Jiayi Xu, Economist at Realtor.com.

Driven by the changes in office work schedules and questions about how companies will handle hybrid work schedules, here’s how much an MBA report is forecasting overall commercial and multifamily mortgage borrowing/lending to plummet once 2023 is done.

Redfin found that new home listings in September ticked upward, marking the largest increase recorded since February 2022. Click through to find how the overall market has been impacted.

Busy cities are abuzz with new apartment buildings, which are now going up at the fastest rate recorded in decades. This new report spotlights the regions where multifamily construction is surging to keep up with demand.

Busy cities are abuzz with new apartment buildings, which are now going up at the fastest rate recorded in decades. This new report spotlights the regions where multifamily construction is surging to keep up with demand.

A new report from Zillow has found that more couples are turning to wedding registries for assistance in buying their first home in lieu of traditional wedding gifts. Read on for details on how many newlyweds are getting creative in their pursuit of homeownership funds.