Rent Growth in Single Digits for the First Time Since June 2021
Rent-price growth slowed for the sixth straight month on an annual basis in October to 8.8%, the lowest rate of ...
Tag: Housing Market
The Best Cities for Retirees to Make the Most of Their Golden Years
3.6 million baby boomers will turn 65 in 2023, the prime retirement age in the U.S. This begs the question, ...
Home Affordability Worsens During Q4 2022, Despite Declining Home Prices
Median-priced single-family homes and condos are less affordable in Q4 2022 compared to historical averages in 99% of counties, far ...
Economists Make Predictions for the 2023 Residential Market
2023 is only a matter of days away, and while “new year, new you” is the mantra for many, housing ...
Having a White Christmas Isn’t Cheap: Homes in Snowier States Cost More
Christmas is coming, and for many states it’s time to let it snow! Everyone loves a good snow on Christmas ...
Home Sales Hit Lowest Point Since Lockdown, Cementing ‘Housing Recession’
In the face of rapidly spiking mortgage rates, existing-home sales took a significant tumble in November, falling 7.7% from the ...
Construction Increases and Housing Starts Fall Only Slightly, While Permits Continue to Drop
Finished construction experienced an increase in November; housing starts’ continued decrease seemed to slow, while new permits followed its past ...
Amid Price Drops, Condos Hold Up Better Than Single-Family Homes
Home prices have dropped 8.6% year-over-year, while condo prices only decreased 4.4%, according to a new report from Point2. Point2’s ...
Surprise! How a Tepid Market Can Play In Your Favor
The irony of the currently sluggish market is that REALTORSⓡ will likely spend more time getting to know new clients ...
Mortgage Rates Continued Their Downward Trajectory Last Week
The 30-year fixed-rate mortgage (FRM) continued to trend downward this past week, averaging 6.31%, down slightly from the previous week’s ...
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