Affordability

An estimated 9% of housing—or 16 million units—are considered vacant. Click through to find out where these homes are concentrated and the effect it has on the real estate market.

At its inaugural Financial Inclusion Forum, TransUnion had a group of executives discuss ways to meet and engage consumers where they are on their financial journey, and to help create and deliver equitable products and services for them.

According to a new report, StorageCafe examines exactly where in the U.S. building a home is cheaper than buying, with South Atlantic and Western states like California topping the list.

"Our survey sends a crucial message to mortgage servicers about what homeowners need," says Eric Rachmel, CEO and Founder of Brace.

The MBA reports that overall mortgage application volume rose this week, jumping after a week of declines, as fixed-rates continued to slide toward the 6% mark.

According to a new Zillow survey, Gen Z pet owners reported they would prefer to move if their home was no longer a good fit for their pet than if it was no longer working for their partner, while 55% of respondents said it was more important to have a pet-friendly home than a kid-friendly home.

As homebuyers' perception of the economy and affordability continue to worsen, nearly 40% of Americans planning to buy their first home in 2023 revealed now is a good time to buy, as many continue to search for homes and save for downpayments.

“With the spring buying season underway, lenders are grappling with the threat of a recession and tighter overall financial conditions following the recent bank failures,” said Joel Kan, MBA’s VP and Deputy Chief Economist.

Rate lock dollar volumes jumped 43% month-over-month in March, driven by seasonal tailwinds, falling interest rates, and stronger purchase market performance, according to Black Knight.

As many seniors expressed worry about high interest rates, some 90% said they still want to age in place, but a new Point study revealed mounting costs for home improvements may be necessary in order to stay put.