Lasting more than a decade, the longest-running home price boom has come to an end, as new Research from American Enterprise Institute showed significant price declines from record peaks in almost all of the nation's 60 largest metros.
Read More »Gen Z Reacts to Inflation by Seeking Additional Incomes
A recent Bank of America survey revealed that as inflation persists, an estimated 75% of young adults are seeking more ways to earn additional income, as challenges of achieving their financial goals remain constrained.
Read More »Mid-Size Cities Top List of Best Metros for Families
A new StorageCafé study showed the South dominated the list of the 20 most family-friendly cities, with the Lone Star State grabbing five spots in the rankings, as Plano, Texas, was named the best city in which to raise a family.
Read More »Homebuyer Income Needed to Purchase Up 46% From 2021
A new Redfin analysis revealed homebuyers nationwide must earn even more money than they did a year ago in order to purchase a typical U.S. home.
Read More »Rising Rates, Home Prices Reduce Housing Affordability in Q3
Affordability continued to hamper first-time buyers looking to purchase a home during Q3. A new report revealed single-family existing-home sales prices grew in nearly every metro analyzed, with the national median home price climbing nearly 9% from 2021.
Read More »Homebuyers Anticipate Housing Prices to Crash
As the housing market continues to rebalance, a new Zillow survey of agents reveals the top misconceptions among aspiring homebuyers and sellers.
Read More »Young American Renters React to Inflation, Rate Hikes
As inflation continues to affect Americans nationwide, the Young American Renter Survey from Grubb Properties revealed it is also the main financial concern for young renters, influencing their decision to draw back from buying a home.
Read More »Buyer Demand Softens as Homes Linger on Market
Although homes are staying on the market longer compared to last year, numbers are still moving faster than pre-pandemic norms. Meanwhile, homebuyers nationwide are pulling back or halting their home searches due to affordability constraints.
Read More »Rent Growth Expected to Moderate Further Into 2023
While rising supply is causing rent growth to slow, Redfin’s latest market report revealed rent growth experienced its first single-digit increase in a year, marking a significant slowdown from the estimated 20% growth in Q1. Here are the latest findings.
Read More »Rent Growth Cools to Slowest Annual Pace in Over a Year
After more than a year of double-digit yearly rent gains, the U.S. median rental price in September posted its smallest year-over-year increase since last summer, further declining from its peak in July 2022.
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