New home sales break 1M mark for first time since 2006
Low-interest rates and a lack of existing homes pushed new-homes sales to a new high, according to the US Census Bureau and Department of Housing and Urban Development
by Marian McPherson Sep 24
Homebuyer migration rates reach highest level since 2017: Redfin
At a national level, 28.7% of Redfin.com users looked to move to a different metro area during July and August, according to the brokerage's latest migration report
by Lillian Dickerson Sep 24
Homeownership affordability drops in two-thirds of U.S.
Median prices of single-family homes and condos are now less affordable than historical averages in 63% of counties, up from 54% one year ago, according to a new report
by Lillian Dickerson Sep 23
Home prices soared to 30-year high between May and July: FHFA
Home prices rose 6.5% year over year in July and 1% month over month, according to data released Wednesday by the Federal Housing Finance Agency
by Patrick Kearns Sep 23
Birthplace of atomic bomb named nation's healthiest county
Los Alamos County, New Mexico, is the nation's healthiest county, according to 'US News & World Report.' The former nuclear site ranked high in public health and housing
by Marian McPherson Sep 22
A neighborhood's racial makeup impacts home values more now than it did in 1980
The race home appraisal gap has doubled since 1980, according to a new study published in the sociological journal Social Problems
by Lillian Dickerson Sep 22
Existing-home sales soar to highest level since 2006
Total existing-home sales climbed 10.5% from the year prior in August, according to data released Tuesday by the National Association of Realtors
by Patrick Kearns Sep 22
Beyond the headlines: Builder sentiment record high
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner digs deeper into last week's economic announcements on retail sales, consumer sentiment, building permits and more
by Matthew Gardner Sep 22
Average homeowner gained $9,800 in equity this year
But the gains are not expected to last as effects of the coronavirus pandemic begin to show on the housing market, according to a new CoreLogic report released Monday
Fires haven't extinguished buyer activity in the Bay Area
Compass' latest Bay Area market analysis shows strong buyer activity despite recent wildfires, with listings under contract declining only 3%
by Marian McPherson Sep 18
Redfin: Homes are selling like hot cakes in swing counties
According to Redfin's latest market analysis, the home sales pace is growing fastest in swing counties as urban homebuyers migrate to suburban locales
by Marian McPherson Sep 18
Over 11M households struggled with rent and mortgages this spring
Renters were much more likely than homeowners to struggle with monthly payments, according to a new Mortgage Bankers Association report
Builder confidence reaches historic all-time high in September
The National Association of Home Builders and Wells Fargo Housing Market Index jumped 5 points to 83 in September, an all-time high for the index since the series began in 1985
by Lillian Dickerson Sep 18
With virtual learning, rents in college towns are falling fast
Two million more college-age Americans are living with their parents or grandparents instead of renting, according to new data from Zillow released Thursday
Annual home price growth blasts to highest level since 2014
According to Redfin's latest report, booming buyer demand caused by low interest rates and continuing inventory shortages are responsible for the climb
by Marian McPherson Sep 17
The majority of young adults now live at home with their parents
For the first time since the Great Depression, the majority of young adults are living with their parents, according to a Pew Research Center analysis of US Census Bureau data
by Lillian Dickerson Sep 17