Americans' average mortgage payment falls $164 in November
A dip in the weekly average for 30-year mortgage rates dropped the average mortgage payment to $2,575 in November, and homebuyers are taking advantage
by Marian McPherson Nov 30
5 reasons minority, LGBTQ+ buyers should invest in real estate now
Opinion
Don't let fear keep LGBTQ+ and minority clients from realizing the benefits of homeownership. Zak Shellhammer offers ideas for becoming an advocate and adviser for all of your buyers
by Zak Shellhammer Nov 30
35% of Americans hope the housing market will crash in 2024
LendingTree's latest consumer survey revealed 35% of Americans hope the market will crash in the next 12 months. They believe an economic downturn will lower mortgage rates and home prices
by Marian McPherson Nov 28
How the Sitzer | Burnett decision hurts minority homebuyers
Opinion
According to Keller Williams Head of Inclusion and Belonging Julia Lashay Israel, the Sitzer | Burnett commission case has broad implications for the accessibility of homeownership
Young homebuyers could lead the recovery. So what do they want?
First-time buyers are less likely than homeowners to be holding out for lower mortgage rates. But they hold a host of other priorities and concerns, according to an Intel analysis of buyer behavior
by Daniel Houston Oct 25
Record share of homebuyers flee into the path of climate change
People are concerned about the changing climate's impact on their hometowns, but they're more concerned about a lack of housing affordability, according to a new report from Redfin
by Taylor Anderson Sep 27
'Affordability' is a dirty word in real estate. It's time for that to change
Opinion
Lack of affordable housing, rising home prices and soaring interest rates are making the dream of homeownership perilously unachievable, writes broker, coach and consultant Zak Shellhammer
by Zak Shellhammer Sep 7
Alexandria could become second Virginia locale to 'upzone'
Alexandria, Virginia's fifth-largest city, is on the brink of banning single-family-only zoning. If the plan passes, legislators estimate it could add 66 new residential buildings to the city by 2033
by Marian McPherson Sep 6
Redlining, steering, misogyny and fear: How the industry lost its way
Opinion
'Our original mission was to provide shelter and security to our communities,' writes Teri Conrad, a 16-year industry vet. 'But somewhere along the way, we got lost in pursuing wealth and power'
by Teri Conrad Aug 29
13K NYC rent-stabilized units have been vacant since 2021: Study
NYC's Independent Budget Office's study found 13,362 rent-stabilized units have been empty at least 2 years, saying it's 'impossible' to know if landlords are justifiably keeping them unrented
by Marian McPherson Aug 22
Texas, Florida buyers are trading civil rights for affordability: Redfin
Residents in Florida and Texas would rather live in states with abortion care and LGBTQ rights, but affordability worries force them to stay in their current states, according to a new Redfin survey
by Marian McPherson Aug 16
Harvard: Immigrant communities will save American homeownership
As economic headwinds push native-born population and household formation growth down, Harvard researchers say immigrants hold the key to the housing market's future
by Marian McPherson Jul 27
Florida dominates list of best markets for 1st-time homebuyers
Palm Bay, Cape Coral and Tampa top WalletHub's list of best markets for 1st-time homebuyers. But a closer look at the rankings shows buyers may sacrifice quality of life for affordability gains
by Marian McPherson Jul 18
Homebuyer mortgage demand picks up even as lenders tighten
Mortgage lenders tightened standards for the 3rd month in a row in May, with mortgage credit availability falling to the lowest level since January 2013
by Matt Carter Jun 14
It's definitely a seller's market: Buyer sentiment sags in poll
With home prices propped up by scarce inventory and mortgage rates showing few signs of easing, only 19% of Americans surveyed by Fannie Mae thought May was a good time to buy
by Matt Carter Jun 9