Market Trends

Looking at Black immigration and homeownership nationwide, a new study from the Joint Center of Housing Studies revealed that in many states, immigrants make up high shares of all Black households.

According to Chief Economist Mark Fleming, if inflation decelerates toward the Fed’s target range in the second half of 2023, as is currently expected, it’s possible that mortgage rates may decline modestly in the latter half of the year.

A new study from QuoteWizard showed credit scores increased significantly during the first year of the pandemic, with the average American credit score bumping up by half a percent between 2020 and 2021.

Redfin reports that 2023 has begun with homes selling for nearly the same price as a year earlier, with nationwide prices up just 0.5% year-over-year.

The wild ride known as the U.S. housing market slowed dramatically in the fall of 2022, as mortgage rates surged and home prices remained high.

According to a new LendingTree study, a combination of relatively high rates and weak homebuyer demand will likely cause a gradual decline in prices nationwide in 2023. Click to see what else experts predict this year.

Freddie Mac reports that 2023 has begun with a second consecutive week of mortgage rate hikes, with app activity sinking to a quarter-century low as high rates continue to weaken the housing market.

A new report from Redfin revealed homebuyers received concessions such as money for repairs and mortgage-rate buydowns in a record 42% of home sales in the fourth quarter, up 11% from a year earlier and marking the highest share of any three-month period recorded.

Among the metros analyzed in the latest study from Porch, Kalamazoo-Portage, Michigan has the highest percentage of green homes in the nation, while metros like Seattle and Chicago are among the lowest.

According to a new Zillow report, conforming loan updates could open more home options for homebuyers shopping at higher price points and looking to avoid the additional fees of a jumbo loan.