Despite market influences that are pushing up mortgage rates and slumping home sales numbers during the second quarter of 2022, most metropolitan areas still saw double-digit annual price gains compared to the previous quarter. This new information comes by way ...
Read More »Largest Share of Buyers Purchased Homes in Suburbs, Rural Areas
The share of millennial home buyers increased significantly over the past year, according to the latest study from the National Association of Realtors 2022 Home Buyer and Seller Generational Trends report. The NAR report found that the combined share of ...
Read More »Lenders Ease First-Time Buyer Jitters
According to a new survey from TD Bank, America's Most Convenient Bank, first-time homebuyers are feeling anxious and unprepared in this highly competitive housing market. TD's First-Time Homebuyer Pulse found that despite a desire to purchase, nearly 29% of consumers ...
Read More »Southern Migration Boosting Sales Prices
For the fifth straight month, the South witnessed the highest pace of appreciation, as existing-home sales jumped 9.3% in the region in January.
Read More »Home Cost Hikes Fueled by Supply, Competition
According to the latest quarterly report from the National Association of Realtors, consumers saw home prices continue to increase in Q4 of 2021, though at a slower pace than Q3. Fewer markets in the last quarter experienced double-digit price gains. ...
Read More »Demand for Second Homes Fell 19% YoY in August
Consumer interest in second homes is expected to remain above pre-pandemic levels for the foreseeable future as remote work becomes a new way of life.
Read More »Finding Solutions in Distress
The industry faces continued inventory shortages, rising home costs, and delays, and the answer to the problem may rest in distressed housing, according to author Nathan Cron.
Read More »Which State is Attracting First-Time Buyers in Droves?
With a state motto like "Virginia is for Lovers," a new study has found that first-time buyers are also falling for its cities of Chesapeake, Hampton, Virginia Beach, and Norfolk.
Read More »Industry Leaders Welcome Biden Administration to Washington
Numerous industry groups weighed in on the implications and impact of the new presidential administration. Here's what they had to say.
Read More »Housing Market Snapshot: Why Is Foreign Investment Declining?
An economist weighs in on the factors in play, and forecasts whether there may be a turnaround on the horizon.
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