The ATTOM U.S. Home Affordability Report revealed that median-priced single-family homes and condos were less affordable in the Q2 of 2023 compared to historical averages in 98% of counties around the nation.
Read More »Median Home-Sale Price Down YoY
Due to a significant lack of homes for sale, the median U.S. home-sale price is down 0.9% year-over-year, according to a new housing market update from Redfin, representing the smallest decline in nearly four months.
Read More »Service Members Increasingly Eager to Purchase Homes
Veterans United takes a closer look at how U.S. veterans feel about purchasing a house in the near future, and how eager they are to jump into the current marketplace.
Read More »What Is Causing So Many Homebuyers to Lose Sleep?
Analysts from LendingTree explain that ‘unfriendly’ market conditions and their effects on home shoppers’ psyches are causing many a sleepless night for prospective buyers nationwide.
Read More »Newlyweds Adding ‘A New Home’ to Their Gift Registries
In the wake of wedding season, a new report from Realtor.com revealed some 80% of recent wedding registry creators say that if they were to do it again, they'd include an option for people to gift money toward a down payment on a new home.
Read More »Pending Home Sales Slipped in all U.S. Regions Except Northeast
According to a new report from the National Association of Realtors, pending home sales slipped nearly 3% in May, while contract signings jumped in the Northeast but decreased month-over-month in three major U.S. regions.
Read More »Mortgage Rates Shift Direction, Trend Upward
After a three-week slide, Freddie Mac reports the fixed-rate mortgage rose four basis points week-over-week, and despite affordability headwinds, buyers have driven new home sales to levels seen in more than 12 months.
Read More »Homebuyer Affordability Further Deteriorates in May
The MBA reports that American homeowners continue to struggle to make ends meet, with the national median mortgage payment hitting $2,165 in May 2023, up $268 from one year ago, or an increase of 14.1% year-over-year.
Read More »Protecting LGBTQIA+ Homebuyers From Housing Discrimination Comes at a Cost
According to a new report from Zillow, legal protections come at a cost for LGBTQIA+ home shoppers, as typical home values in areas with explicit legal protections for the community are an estimated 46% more expensive than areas with no protections.
Read More »Median Home Prices, New Homes for Sale Slipped in June
Annually, new listings of homes for sale dropped nearly 26%, falling below their previous pandemic lows, according to Realtor.com.
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