Home prices down from peaks in quarter of nation's top 50 markets
Falling sales are driving inventory growth, but it will take more than a year at the current rate for listings levels to get back to normal, according to Black Knight's latest monthly Mortgage Monitor Report
by Matt Carter Aug 1
Fed's steady approach to rate hikes could ease pressure on mortgages
Fed Chairman Jerome Powell hinted Wednesday that the US central bank is looking to dial back the pace of interest rate hikes as soon as the impact of increases shows up in inflation data
by Matt Carter Jul 27
Interest rate hikes keep Miami the least affordable city in the nation
Buyers would have to spend 86% of their income to afford the $600,000 median home price, according to new research released Monday from RealtyHop
by Taylor Anderson Jul 12
Mortgage rates easing on recession fears, but homebuyers not biting
Although fears of a recession are bringing mortgage rates down, would-be homebuyers aren't rushing to apply for loans, according to a weekly survey of lenders
by Matt Carter Jul 6
Home price appreciation slowing at rate not seen since 2006
Although inventory shortages are starting to ease, falling sales are driving the trend as homes are less affordable then they've been since the mid-1980s
by Matt Carter Jul 6
Making $67K? That's no longer enough to buy the typical US home
Q2 of 2022 saw the affordability of the typical home purchase erode at the fastest pace in at least 2 decades. Median home purchases would have taken up 31.5% of average annualized wage
by Daniel Houston Jun 30
NAR chief economist: We may be in for a 'most unique' recession
Lawrence Yun predicted this year's housing market will see declining sales, rising home prices and an American Dream increasingly out of reach
Discrimination second only to high prices as biggest obstacle to buying
The National Association of Realtors latest consumer survey revealed affordability is the main thing plaguing homebuyers, followed by discrimination, mortgage access and agent performance
by Marian McPherson Apr 14
Homeowner support grows for mother-in-law units: Survey
Homeowners, long resistant to new apartments in their neighborhoods, are increasingly open to other ways of adding housing units, according to a new survey by Zillow
by Daniel Houston Apr 11
Pay raises aren't keeping up with rise in home prices, mortgage rates
Homebuyers used to be able to count on falling mortgage rates and rising wages to offset red-hot home prices; that's no longer the case
by Daniel Houston Dec 29
Homebuilders primed for big year of earnings. Here's the stocks to watch
Anticipating a high demand for homes, a research team at JPMorgan Chase is bullish on several real-estate stocks and investment trusts, according to a new analysis
by Daniel Houston Sep 24
Low mortgage rates keep home costs in an acceptable range
Ownership costs for the median home remain within a normal range but are nearing the point where lenders might start to balk
by Daniel Houston Sep 22
Miami neck and neck with pricey California metros as home prices surge
Another year of home price growth has pushed some metros to extremes, including Miami, where income growth hasn't been able to keep up, according to new data from OJO Labs
by Daniel Houston Sep 9
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
5 ways the pandemic mortgage boom has changed the market
Mortgage experts Ann Thompson and Christian Wallace share how the pandemic changed the mortgage market and what it means for today's consumers at Connect Now
by Marian McPherson Mar 16