"If you aren’t a high earner, it becomes more important to be fully prepared for any unforeseen expenses before buying," financial analyst Matthew Frankel told Inman
The number of home offers to be fraught by bidding wars is down 19% year-over-year
But increasing prices are not deterring millennials from buying homes — a quarter of those surveyed plan to buy a home in the next six to eight months
Sales grew 1.9% year-over-year in October, according to National Association of Realtors data released Thursday
Building permits, housing starts and completions all rose
Rent for a single-family home grew by 3%, same as last month
A new GoBankingRates report identified American cities in which the average home value would rise above the national median —$231,000 and growing
The increase coincides with a rise in unemployment rates in those regions
Living with parents long enough to afford a down payment on a home is one way young Americans are getting by
In the third quarter, mortgage rates fell from 4.08% to 3.71%, according to data from the National Association of Realtors
Home prices rose in 93% of all US metro markets, according to a new National Association of Realtors report
In September, home prices grew by 3.5% year-over-year
The total cost of reconstruction could total more than $500M, according to new data from CoreLogic
Contract signings are up 1.5% in September and 3.9% year-over-year, according to new data released Tuesday
Average prices rose 3.2% in August, according to the Case-Shiller National Home Price NSA Index, released Tuesday
The median sales price of all new homes sold in September was $299,400, according to the US Census Bureau
