In Glendale, California, a homebuyer with a median household income for the area can expect to save for 15.1 grueling years, compared to counterparts in Detroit, who will save for just 2.6 years
Homebuyer affordability could improve by 9% by the end of next year if mortgage rates continue to fall and home prices plateau as expected, First American economist predicts
Opinion
This week, Byron Lazine and Nicole White are talking about teams, teamerages, and expansion teams and their effect on rankings, how agents can help buyers obtain down payment assistance, plus topics from left, middle and right
Harris Poll: 71% of Americans would be hesitant to move due to economic uncertainty over concerns such as interest rates, inflation or a recession
Cities in the Southeast once considered affordable are becoming more and more expensive as housing affordability reaches its lowest levels, according to a new report
Home prices could fall by 8%, but rising mortgage rates and a 'mild recession' will blunt the savings in buyers' pockets, according to Capital Economics' new US Housing Market Outlook
Rising home prices, mortgage rates and inflation cut the share of first-time buyers to 26% — the lowest level since the National Association of Realtors began surveying buyers and sellers in 1981
Compass must waive broker fees for the first 25 Section 8 renters who lease a property through the brokerage, said New York's Attorney General of new terms to a discrimination settlement
Demand for purchase loans fell 1% last week compared to the week before, and was down 41% from a year ago, according to a new Mortgage Bankers Association survey released Wednesday
The share of income required to afford a mortgage has risen to 30.2%, well above the established norm of 22.8% of a homeowner's income, according to an analysis by Zillow released Thursday
Opinion
This will go down as one of the most challenging years for non-owners who would like to enter the market to begin building equity
First-time homebuyers now make up 45% of all transactions, up from 37% of all buyers in 2021, returning to pre-pandemic levels, according to new data from Zillow released Thursday
Starting Thursday, homebuyers can scout down payment assistance programs on Redfin listings, thanks to the brokerage's new partnership with Down Payment Resource
It's still expensive to buy a home in nearly every part of the country. But for most buyers since the start of July, things didn't get worse, new data shows
Zillow has lowered its assessment of home values nationwide as the market continues to muddle through an ongoing slowdown in real estate