Real Estate Markets & Economy
The average property tax bill rose by 1.8 percent in 2021. That's the lowest increase in years, despite record home price growth, according to a new report from Attom Data Solutions
A new report from Power Buyer and iBuyer marketplace zavvie says that Power Buying 'could eventually become the norm,' citing its success in helping buyers quickly purchase a home
Rents rose by 0.4% from February to March — a slowdown from recent months even as gas and food costs spiked, according to the latest Consumer Price Index released Tuesday
Homeowners, long resistant to new apartments in their neighborhoods, are increasingly open to other ways of adding housing units, according to a new survey by Zillow
Demand for vacation homes dropped sharply in March — the second straight month a decline was recorded as mortgages ramped up above 5%, according to an analysis by Redfin on Monday
Despite the fastest one-month rise in mortgage rates in nearly 13 years, purchase lock volume climbed 31% from February likely driven by borrowers moving to secure loans before rates rise
The steady increase has occurred despite widespread supply shortages, tight labor markets, rising inflation and the volatile cost of wood, according to National Association of Home Builders
32% of renters surveyed in a poll conducted by Redfin say they rent because they can't afford to buy a home, while 45% said debt was the main factor keeping them from homeownership
Opinion
No matter what the market does, there are always agents who have growing businesses. Here are 7 steps you can take in this shifting market to ensure that you thrive
Only 24% of consumers think now is a good time to buy a home — the lowest reading ever recorded in a monthly survey conducted by Fannie Mae since 2010
After hovering near 3% for nearly 2 years, mortgage rates have rebounded faster than expected. But amid uncertainty, economists are divided on whether 5% rates are here to stay
Quarterly market reports released this week from several area brokerages revealed a luxury market in high demand, with climbing prices and little inventory
As rates surged last week, demand for FHA purchase loans dropped by nearly 8%, according to a weekly lender survey by the Mortgage Bankers Association released Wednesday
Realtor.com's latest housing report revealed 64% of homesellers plan to list their homes by October. Millennials are primed to lead the charge as they ditch starter homes for bigger abodes
February's 19.6% annual home price appreciation, together with sharp rise in mortgage rates, produced the tightest affordability in 15 years, according to new data from Black Knight
Brokerages and other real estate companies added 6,300 new jobs in March, a rate of payroll growth that exceeded that of the U.S. at large
For months, the rise in home prices was in line with underlying indicators. Now, it may have gone too far, a Dallas Fed report suggests