Migration

A new LendingTree study revealed the total value of owner-occupied housing units in the 50 largest U.S. metros, but just how much are all those American homes worth?

A Zillow study of United Van Lines data shows that people relocated to metros that were $7,500 less expensive in 2023, with Charlotte, Providence, and Indianapolis reporting the highest net in-migration among the nation’s 50 largest markets.

According to a new Creditnews report, the number of American households considered "house poor" varies by state, with 17 exceeding the national average, as housing affordability continues to put financial pressure on prospective homebuyers and homeowners alike.

Realtor.com has released its Monthly Housing Market Trends Report for December, which revealed that while the share of active listings on the market remains low compared to pre-pandemic levels, an uptick in inventory could mean a broader range of homes for homebuyers to choose from.

Accessory Dwelling Units, known as ADUs, are small, independent units that are inside of, attached to, or detached from a primary residence, and a new report from the Joint Center for Housing Studies revealed they may have the potential to address housing-related challenges like affordability, equity, and environmental issues.

The Fannie Mae Home Purchase Sentiment Index revealed consumers' optimism surrounding mortgage rates surged in December, and according to Mark Palim, VP and Deputy Chief Economist at Fannie Mae, "a more optimistic rate outlook among consumers may signal an expectation that home affordability pressures will ease in 2024."

According to a new study from the Joint Center for Housing Studies, health disparities may be driven by inequality within certain neighborhood environments, specifically those of color and lower income. 

With interest-rate shock continuing to impact new listing volumes, housing inventory remains at historically low levels, according to HouseCanary's December Market Pulse Report. But positive developments may be ahead.

"Growth in the Palm Bay-Melbourne area has been increasing at an explosive rate," stated Cal Conner, U-Haul Company of Eastern Florida President. “Add to that our fantastic year-round climate, and you can see why Palm Bay-Melbourne is such a desirable area to live."

A new SWNS Digital study revealed that while one in nine millennials admit that they’re not confident in understanding how the credit score system works, more than half believe they're more financially mature than their parents. Does the data support that confidence?