Study: Only 4 States Are Affordable for Typical U.S. Homebuyers
It's no question that affordability is stratified, and as such, housing markets tend to differentiate from state to state. According ...
Tag: housing market data
Spring Selling Season Wilts Early as Pending Sales Plummet
According to the National Association of REALTORS®’ (NAR) latest report, pending home sales fell 7.7% in April. All four U.S. ...
Families Must Spend 38% of Their Income on Mortgage Payments, New Index States
National Association of Home Builders (NAHB) and Wells Fargo have released a new quarterly Cost of Housing Index that underscores ...
New Single-Family Sales Drop 4.7% in April; Mortgage Rates Remain High
Across the U.S., sales of single-family homes declined 4.7% to a seasonally adjusted rate of 634,000 in April, and overall ...
National Rent Prices Drop Again; Southern Metros See Greatest Savings
In April, median rent prices dropped yet again nationwide, down 0.7% for most properties, with three major metros—namely, Austin, Texas; ...
Foreclosure Starts Decline Slightly in April, While Completions Rise
A total of 31,649 properties had foreclosure filings—default notices, scheduled auctions or bank repossessions—in April 2024, according to the latest ...
Report: The Best Time to Sell is in the First Half of the Year
While the market is still unsettled—especially in regards to the currently pending NAR settlement and the changes that will bring ...
More Than 90% of Metro Areas Recorded Home Price Increases in Q1 2024
The National Association of REALTORS® (NAR) recently released data showing that nearly every metro area it tracks—93%—posted year-over-year price increases ...
Homeownership Rates Have Increased, Despite Prices
Home prices have been the bane of the real estate news cycle for a while now, bringing a damper on ...
Opportunity Zone Housing Markets Rebound in Q2 2023
Median single-family home and condo prices increased in 61% of Opportunity Zones around the country, and rose at least 5% ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
Business Tip of the Day provided by
