Real Estate

While the share of adults behind on rent surpassed eight million nationwide, a new LendingTree study revealed an estimated 3.6 million Americans currently live rent-free, another financial alternative to combating inflated housing costs.

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.

A reluctance to sell means that increase has not yet translated to home sales, experts from Redfin report.

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.

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.

"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.

Freddie Mac reports that mortgage rates have fallen for the third consecutive week, however prospective buyers have been handcuffed by a short supply of housing inventory.

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.

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.

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.