Affordability

Although sellers’ markets outnumber homebuyers by many, according to the latest data from the Knock Buyer-Seller Market Index, the nation's 100 largest housing markets are continuing to move in the direction of favoring homebuyers.

“Mortgage rates inched down again, with the 30-year fixed-rate down nearly a full point from November, when it peaked at just over 7%,” said Sam Khater, Freddie Mac’s Chief Economist.

While home equity levels remained relatively flat, equity rich properties now make up 48% of all mortgaged properties.

As the number of homes for sale continues to grow compared to last year, January offered homebuyers greater bargaining power, with mortgage rates falling to their lowest level in months.

According to TransUnion’s Q4 2022 Quarterly Credit Industry Insights Report, Q4 of 2022 saw many consumers continuing to look to credit as a means to help stave off financial pressures caused by inflation.

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.

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.

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.

A new report found an upward trend in new homebuyer assistance programs amid difficult homebuying conditions.

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.