Number of affordable places to live hits lowest point in 2 years
Home prices in most counties in a recent study were less affordable than their historical averages as price growth outpaced rising wages
by Daniel Houston Jun 30
Asian American homeownership is still lagging: Report
Asian American homeownership rates lag in numerous major cities, including New York, Los Angeles and Boston, according to the Asian Real Estate Association of America
by Jim Dalrymple II Jun 30
Rising home prices may be crimping demand for purchase mortgages
Demand for purchase mortgages fell last week to the lowest level since May 2020, which could be a sign first-time homebuyers are getting squeezed out of the market
by Matt Carter Jun 30
After April slump, pending-home sales rise 8% in May
Pending-home sales are once again on the increase, according to new data released Wednesday by the National Association of Realtors
After year of lower rent, landlords steer back to pre-pandemic prices
Rents nationwide have recovered fully from their pandemic-induced declines, according to a new report from Apartment List
by Daniel Houston Jun 29
Home price growth hits new record in April: FHFA
Home prices rose 1.8% in April from the previous month and 15.7% year over year, according to the Federal Housing Finance Agency. Both figures represent record growth for the HPI
by Lillian Dickerson Jun 29
'Truly extraordinary' home price gains highest since 2005: Study
April's gains mark the 11th consecutive month of price increases, according to the latest S&P/Case-Shiller US National Home Price Index released Tuesday
Lenders granted some leeway to initiate foreclosures
Mortgage lenders will soon be able to initiate foreclosure proceedings against homeowners who are 120 days behind on their mortgage payments
by Matt Carter Jun 29
Why home prices aren't actually as high as they appear
Windermere Chief Economist Matthew Gardner dives deeper into the topics of inflation and home values, explaining why, contrary to popular opinion, inflation-adjusted house prices really haven’t skyrocketed
by Matthew Gardner Jun 29
Why Americans shouldn’t give up on homeownership
Homeownership is one of the primary ways households in the United States build wealth
by Libertina Brandt Jun 28
IBuyers are entering the previously untouched Northeast market: Mike DelPrete
Billion-dollar disruptors are coming to the Northeast market, featuring new models like instant offers, cash offers and buy-before-you-sell programs. Are agents and brokers ready?
by Mike DelPrete Jun 28
IBuyer transactions return to near pre-pandemic levels
IBuyer purchases by Redfin, Zillow Offers, Opendoor, Offerpad and Bungalo rose 20% in the first quarter of 2021, but remained down year over year, according to new data
by Daniel Houston Jun 25
Renters were already feeling better. Then the eviction ban was extended
A new Zillow analysis found renters were growing more confident even before the government extended its moratorium on evictions through July
by Daniel Houston Jun 25
Mortgage rates tick back above 3% as economic recovery continues
Freddie Mac's chief economist said rates could continue to rise during the second half of the year after reaching historic lows in January
by Daniel Houston Jun 24
Remote work named No. 1 issue affecting real estate
The share of people working from home full- or part-time could double permanently, impacting homebuyer demand and land use, according to a new report from The Counselors of Real Estate
by Andrea V. Brambila Jun 23
Seattle skyline
A new Redfin report found that homes in some of America's largest metro areas sold for well above asking price in the first half of 2021, bucking an established trend
by Daniel Houston Jun 23