As monthly housing payments fall from their peak due to declining mortgage rates and home prices, the median monthly housing payment for San Francisco homebuyers dropped nearly 15%, renewing homebuyer interest in the area.
Read More »Slowing Home Sales and Price Growth Continue to Shift Market
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.
Read More »Homebuyers Gain Bargaining Power as Mortgage Rates Fall
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.
Read More »TransUnion Releases the Q4 2022 Quarterly Credit Industry Insights Report
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.
Read More »Highest-Ranking Retirement Destinations May Not Be Where You Think
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.
Read More »Examining Homeownership Gender Gaps
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.
Read More »Homebuyers Return as Market Shifts Toward Their Favor
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.
Read More »Potential Homebuyers Opting to Rent Rather Than Buy
The share of families living in apartments has reached the highest level in half a century, as a new RentCafe study shows more of those who could purchase a home are choosing instead to rent.
Read More »Renting a Home Now Costs Less Than Homebuying
On average, the monthly cost of buying a starter home in December 2022 was nearly 50% higher than the cost of renting, according to Realtor.com's Monthly Rental Report.
Read More »Analyzing the Most Cost-Effective Regions for House Hunters
A new report from North American Moving Company examines median prices, tax rates, and other factors to determine 2023’s most affordable regions.
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