Affordability is improving in 37 out of the 50 most populous metros in the US as rates come down and incomes rise. However, homeownership is still out of reach for most in pricey coastal markets
Markets across the Midwest and South offer enviable affordability; however, lower housing prices can reflect deeper issues, such as economic disinvestment and discriminatory housing policies
Easing mortgage rates and flat home price growth led to a win for homebuyers in October, according to Zillow. However, future volatility may put buyers back on the sidelines
Existing-home sales increased 2% MOM and 0.8% YOY in July, according to the trade group. Active inventory rose to its highest level since May 2020, tipping the scales toward market balance
Economic anxiety and rising mortgage rates curbed hopes of a robust spring, but economists tell Inman a strong new-home market offers a sliver of hope that the coming months will be better
Annual existing-home sales increased for the first time in more than 3 years in October, according to the National Association of Realtors. 'The worst of the downturn in home sales could be over.'
The California Association of Realtors expects existing single-family home sales to reach more than 300K units by the end of 2025. Active inventory is due for a 10% boost as well
Sluggish homebuyer activity has pushed sellers to slash prices at a rate unseen since November 2022, according to Redfin. The median asking price fell for the first time in 6 months to $416K
Existing-home sales decreased 1.7% annually in January, according to the National Association of Realtors. However, sales did improve 3.1% from December
The median US home price rose to $350,000 in the third quarter, 2% higher than the previous record set just a quarter earlier, according to new data released Thursday by Attom
Record-low inventory and rebounding buyer demand led to a 3.8 percentage point increase in seller profit margins — the first since Q2 2022, according to a report from Attom
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
Early-pandemic migration trends are still impacting market growth, with pandemic boomtowns' home price growth still outpacing historically expensive coastal markets
Total existing-home sales in July 2021 rose 2% on a seasonally adjusted annual basis from June to a rate of 5.99 million, according to the National Association of Realtors
Homes also sold at their priciest and at their quickest pace on record during June, but Redfin said that sales pace and market competition have now likely peaked for 2021