Tag Archives: housing trends

San Jose and San Francisco, notoriously high-cost areas, make up a majority share of homes in California, according to a new analysis from LendingTree. Click through to see which metros where million-dollar homes are most prevalent.

According to a new study from StorageCafe, California to Texas is the most popular interstate relocation route in the U.S. Roughly 111,000 people took that route in 2021, with an estimated 46% of people who migrated being millennials.

Pending home sales are down nearly 20%, representing the biggest decline in over four months, but people are still showing interest in homebuying despite the total number of U.S. homes for sale declining 6% from last June.

According to Zillow's May 2023 Market Report, newly pending listings are up nearly 10% from April, as homebuying competition is driving home prices up and housing inventory down to record lows for this time of year.

Nearly 1 in 4 homeowners can’t cover a $1,000 home repair emergency in 2023, according to a new survey from All Star Home, leaving many homeowners turning to social media for hacks to try and tackle the issues themselves.

Despite the early-June underperformance, Redfin reports that home-tour numbers indicate pent-up demand that should translate into improved sales once mortgage rates drop.

According to a new report from Redfin, some 33.4% of U.S. home purchases in April were made in cash, marking the highest share of all-cash home sales since 2014.

In a new Zillow report, research shows support is growing among both homeowners and renters for "missing middle" housing developments, as 70% of respondents believe new housing is crucial to producing affordability in their community and support building them in their neighborhoods.

While U.S. pandemic migration trends show no sign of reversing, Bank of America Institute's latest housing market report revealed home prices are slowing rapidly even in cities with large inflows of people.

As affordability struggles worsen for homeowners and buyers nationwide, for-sale inventory is now at its lowest level since April 2022, according to Black Knight's latest Mortgage Monitor Report for April.