More and more young adults are shattering misconceptions about modular and manufactured housing as many pursue these options to secure housing in an otherwise unaffordable market.
Read More »Potential Buyers Increasing Down Payments to Secure Homes
New data from Redfin's latest market report showed that homebuyers’ down payments doubled during the pandemic, and despite September revealing a slight decline from their peak in June, competition and increasing home prices continue to make it difficult for prospective buyers to afford homes.
Read More »Home Prices More Concerning Than a Potential Recession?
Despite ongoing discussion of impending recession, a new survey found that Americans’ concerns are more focused on housing costs, with home prices up 14% year-over-year.
Read More »Report Details the Best Time to Buy a Home
October and the winter months provide buyers the best discounts, according to a new report from ATTOM.
Read More »After Giant Leap, Mortgage Rates Cool Slightly
On the heels of the Fed’s rate hike, mortgage rates edged near the 7% mark last week but trended back downward this week amid ongoing economic uncertainty.
Read More »Sharp Decrease in Demand Driving Housing Market Cooldown
While declining demand led to a nearly 20% decrease in new listing volumes in September, the volume of price drops is up 83.2% compared to the same time last year. Click through to learn more from HouseCanary's latest Market Pulse report.
Read More »Purchase Mortgage Apps Fall 37% YoY
Mortgage rates continue to trend upward, with more buyers retreating from the marketplace, as the MBA reported a 14.2% weekly decline in overall app volume.
Read More »Increased Cost of Homeownership Dampening Buyer Demand
CoreLogic has released the CoreLogic Home Price Index (HPI) and HPI Forecast for August 2022, showing home prices nationwide —including distressed sales— increased year-over-year by 13.5%; the lowest ...
Read More »Rising Rates Shrinking Homebuyer Aspirations
As mortgage rates creep toward the 7%-mark, buyers still in the market are being forced to downgrade their options for a larger home, cutting more than 400-square feet out of the homes on the market.
Read More »Congressional Reps Discuss Equitable Access to Housing and Financing
Representatives Jim Himes (D-Conn.) and Gwen Moore (D-Wisc.) recently penned an open letter for Newsweek on how to make home ownership “inclusive and accessible for every American.” Himes, ...
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