Migration

A new report revealed where home improvement spending is rising faster than incomes, as homeowners in Southern states were found to spend more on home improvements compared to large cities like New York and Philadelphia.

According to a new report from Zillow, renters of color are more likely to pay higher upfront costs when applying for a rental compared to white renters, while Black and Latinx renters were nearly twice as likely to submit multiple rental applications before securing a lease.

Even as mortgage rates edge closer to the 6% mark, homebuyers nationwide are faced with the prospect of low inventory, with new listings having fallen 21.8% year-over-year nationwide.

A new study from Realtor.com revealed LGBTQ+ and BIPOC are more likely to put smaller down payments on a home and spend more of their income on homeownership.

Continued low mortgage rates have not equated into a strong start to the spring homebuying season, as the MBA reports a decline in overall application volume after four consecutive weeks of increases.

loanDepot announced it has entered into a settlement and cooperation agreement with Anthony Hsieh, declaring the size of the Board of Directors to be temporarily increased from eight to nine directors.

A new study from LendingTree revealed which metros fork out the lowest and highest amount of real estate taxes nationwide, considering factors such as the home’s worth and location.

A new study from Zillow revealed that certain amenities and devices such as doorbell cameras, “she sheds,” soapstone countertops, and luxury kitchen appliances can help sell a home up to five days faster.

The U.S. Department of Housing and Urban Development announced the commencement of Fair Housing Month 2023, honoring the 55th anniversary of the signing of the Fair Housing Act, as well as modern efforts to advance equity in housing and protect fair housing rights.

While the share of adults behind on rent surpassed eight million nationwide, a new LendingTree study revealed an estimated 3.6 million Americans currently live rent-free, another financial alternative to combating inflated housing costs.