Demand for mortgages sags as rates keep rising
With inventory remaining tight for entry-level buyers, the average loan request hit another record high of $446,000
by Matt Carter Feb 9
Nearly half of financed US homes now worth double their loan amount
Rising home values have been a boon for owners, with nearly half of mortgaged properties now considered "equity rich" by Attom Data Solutions
by Daniel Houston Feb 3
US home inventory drops below 1M
Home inventory dropped to the lowest level on record last month as buyers competed over an already sparse range of choices, according to data released Thursday by Zillow
by Daniel Houston Jan 20
Why the housing market won't burn quite as hot in 2022
The housing market will cool slightly in 2022, but will scorch as a multitude of buyers chase too few homes, according to economic experts who spoke with Inman
by Andrea V. Brambila Dec 30
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
Home price growth in New England states slows to a crawl in October
Home prices have continued to rise quickly throughout the US, but price growth halted in October in the Northeast, according to the Federal Housing Finance Agency’s House Price Index
by Daniel Houston Dec 28
'For sale by owner' homes hit 40-year low. Is it even worth the effort?
Most homeowners who forego an agent are selling to someone they know, leaving a small group that fends for themselves on the open market, several new reports reveal
by Daniel Houston Dec 28
With money from chores (and help from dad), 6-year-old buys house
As a lesson in property investment, a father taught his 6-year-old daughter and her 2 siblings how to build a property portfolio — and they ended up with a brand new home
by Daniel Houston Dec 21
Small, outdoor-friendly rental markets thrived in 2021: RentCafe
As would-be homebuyers opted out of the for-sale market due to harsh market conditions in 2021, renters turned to alternative markets with space and access to nature, a recent year-end study from RentCafe found
by Lillian Dickerson Dec 21
Home prices hit near-record high as inventory bottoms out
Redfin chief economist Daryl Fairweather says homebuyers are finding themselves 'priced out of homeownership'
by Andrea V. Brambila Dec 15
It's official: Inflation ramps up to fastest annual pace in 40 years
It's not just the housing market. The prices of US consumer goods have been rising faster than at any 12-month period since 1982, according to the Consumer Price Index released Friday
by Daniel Houston Dec 10
Biden tariff policy propels lumber costs back to record highs
Booming buyer demand, withering US lumber supplies and a tariff hike on Canadian softwood have pushed lumber prices to a pandemic high, with sales contracts closing at $950 Wednesday
by Marian McPherson Dec 9
Home price hikes persisted in Q3 as September signaled growth decline
Prices rose 4.2 percent in the third quarter of 2021 and were up 18.5 percent over the same time last year, according to the latest House Price Index by the Federal Housing Finance Agency
by Daniel Houston Nov 30
Skyrocketing US home prices are finally beginning to slow down
September 2021 marked the first month since May 2020 in which annual home price growth decelerated, with home prices increasing 19.5% year over year, down from 19.8% in August
by Lillian Dickerson Nov 30
6 stories readers might have missed while eating Thanksgiving leftovers
Whether you were stuffing your face with pumpkin pie or breaking up a brawl between brothers who aren't on speaking terms, here are the top stories you might have missed this weekend
by Lillian Dickerson Nov 29