While homeownership affordability remains weak throughout the U.S., ATTOM's Q1 2023 U.S. Home Affordability Report revealed the nationwide median single-family home and condo price is up less than 1% from Q4 2022 to Q1 2023.
Read More »Mortgage Apps Increased in February as Homebuyer Affordability Declined
As high mortgage rates and inflated home prices persist, a new report from the Mortgage Bankers Association revealed the national median payment applied for by purchase applicants increased nearly 5% in February.
Read More »Home Sellers Less Active as Inventory Growth Slows Nationwide
According to Realtor.com's Monthly Housing Market Trends Report, home sellers were less active in March, with 20.1% fewer homes being listed for sale compared to last year.
Read More »Nominal Home Price Appreciation Slows in Response to Dampened Demand
"Nationally, annual nominal house price growth peaked in March 2022 at 21 percent, but has since decelerated by nearly 17 percentage points to 4.4% in January,” said First American Chief Economist Mark Fleming.
Read More »Home Sellers Less Active as Inventory Growth Slows Nationwide
According to Realtor.com's Monthly Housing Market Trends Report, home sellers were less active in March, with 20.1% fewer homes being listed for sale compared to last year.
Read More »Texas Targeted as a Top Relocation Destination
A new analysis from United Regions Van Lines examines the states that offer the greatest housing savings and which states rank highest in employment opportunities.
Read More »Renters Targeted the Northeast in Q4
A new analysis from Rent. found that more renters showed interest in the Northeastern U.S. in Q4, while more renters exited the state of Illinois in the fourth quarter than anywhere else in the U.S.
Read More »Share of Homebuyers Looking to Change Metros Hits Record High
A new report from Redfin revealed 4% fewer homebuyers looked to move within their own metro area than a year earlier, as homebuyers looking to relocate to a new metro fell 3.6% year-over-year in February.
Read More »Baby Boomers Outpace Millennials as Largest Generation of Homebuyers
According to a new study from the National Association of Realtors, the share of baby boomers has surpassed millennials across the U.S., now making up the largest generation of homebuyers nationwide.
Read More »High Mortgage Rates Putting a Damper on Million-Dollar Homes
The share of U.S. homes worth at least $1 million slipped to 7% from 8.6% in June, according to a new report from Redfin, as inflated mortgage rates continue to cool the housing market.
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