A high share of home sellers dropped their asking price in July, particularly in pandemic boomtowns, as they struggled to match their expectations with the reality of the ...
Read More »Will High Housing Costs Moderate?
As national population growth sits at a record low, domestic migration was the key component of population change on state and local levels in 2021, according to demographic ...
Read More »Millennials, Gen Z Renters Hit Hardest by Inflation
Millennials who took on a new rental lease in July saw their overall cost of goods and services increase 11.6% year over year, substantially higher than 8.5% for ...
Read More »An Increasing Number of Homeowners Tapping Into Home Equity
LendingTree has revealed that a record amount of home equity that many are sitting on is the result of how high home prices have climbed since the start of the pandemic, as new data found the average size of a home equity loan offer is $50,000 or higher in all but one of the nation’s 50 states.
Read More »Post-Summer Slowdown? Homes Selling for Less Than Asking
For the first time since the housing market picked up after the pandemic, Redfin has reported that the average home has sold for less than its listing price ...
Read More »Study Reveals Women Have to Work More to Afford a Home
Throughout history, —and still today— women nationwide have experienced a great deal of obstacles and discrimination solely based on their gender. From fighting for equal rights to advocating ...
Read More »Six in 10 Homebuilders to Use Tech in 2022
A new survey reveals a strong sentiment around homebuilding tech adoption and its usage among those in the homebuilding space.
Read More »Homes for Sale Spending More Time on Market
Realtor.com’s latest housing data release for August reveals that listing prices decelerated for the third month in a row, as more sellers hit pause on listing homes and ...
Read More »Aggressive Monetary Policy Drives Mortgage Rates Upward
Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) had averaged 5.66%. “The market’s renewed perception of ...
Read More »Housing Activity Expected to Experience Moderate Retreat
Fitch Ratings says the likelihood of a severe downturn in US housing has increased; however, their rating case scenario provides for a more moderate pullback that includes a ...
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