New findings from Fannie Mae’s HSPI revealed consumers are increasingly expressing “pessimism toward the larger economy this month, in addition to their ongoing frustration with the housing market,” said Doug Duncan, Fannie Mae Senior VP and Chief Economist.
Read More »Study Finds Millennials, Gen Zers Taking Longer to Leave Home
With mortgage rates hitting a 23-year high and worsening affordability continuing to hamper potential homebuyers and renters nationwide, multigenerational households are becoming much more common, according to a new RentCafe report. Here’s what else the report reveals.
Read More »Purchase-Mortgage Apps Dropped Below Pre-Pandemic Levels in October
As housing affordability and demand continue to worsen for Americans nationwide, the latest ICE Mortgage Monitor Report revealed that purchase-mortgage applications fell nearly 50% below pre-pandemic levels in October, representing the weakest numbers recorded since rates began to rise.
Read More »Share of Mortgaged Homes Considered Equity-Rich Declined in Q3
According to ATTOM's 2023 U.S. Home Equity & Underwater Report, while the number of equity-rich homes dropped in Q3, the share of mortgaged homes in the U.S. that were considered seriously underwater did see improvements. Click through to read the latest analysis.
Read More »New Home Construction Projected to Surge in 2024
Home building in exurbs is expected to accelerate in the coming year, according to a new study from The Plan Connection. Will it be enough to keep up with demand?
Read More »Fannie Mae Study: Why Homeowners Are Staying Put
Homeowners nationwide are staying put as a historically low supply of existing homes for sale continues to make homeownership more difficult for buyers. New Fannie Mae research examines the factors that are keeping homeowners locked in place and leaving homebuyers in the lurch.
Read More »Nearly Half of All Americans Believe Now is a Bad Time to Buy
While about a third of Americans believe they’ll never be able to afford their dream home, a new survey from Bankrate revealed that almost 50% of respondents suggest that now isn't the best time to buy a home based on current market conditions. Click through to explore the latest on homebuyer sentiment.
Read More »Midwest Markets Gaining More Popularity
Potential homebuyers are looking at areas with affordable home prices and lowered housing costs, according to a new WSJ/Realtor.com report, which showed the Midwest is emerging as a new option for home shoppers despite facing low inventory and a quick market pace.
Read More »Homebuyer Horrors: Examining 2023’s Scariest Housing Markets
As the Halloween holiday creeps nearer, a new Point2Homes study revealed what homebuyers are most frightened by in today's housing markets, such as volatile home prices and intensifying housing competition.
Read More »Austin’s Housing Fortunes Flip
Once known for its speed and red-hot market, Austin, Texas, is now one of the slowest housing markets in the U.S. A new Redfin report examines the factors in play.
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