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Author Archives: Demetria Lester

Demetria C. Lester is a reporter for DS News and MReport magazines with more than eight years of writing experience. She has served as content coordinator and copy editor for the Los Angeles Daily News and the Orange County Register, in addition to 11 other Southern California publications. A former editor-in-chief at Northlake College and staff writer at her alma mater, the University of Texas at Arlington, she has covered events such as the Byron Nelson and Pac-12 Conferences, progressing into her freelance work with the Dallas Wings and D Magazine. Currently located in Dallas, Texas, Lester is an avid jazz lover and likes to read. She can be reached at [email protected].

Fannie Mae’s HPSI Shows Decline in Purchase Sentiments

New data released shows the Fannie Mae Home Purchase Sentiment Index (HPSI) increased by 3.5 points to 75.3 in February, but affordability constraints still continue to lead consumers’ outlook of the current and future housing market. Year-over-year, the full index ...

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Home Prices Surged to Record High in February

According to a new report from Redfin, home prices surged to an all-time high of $363,975 as the market continued to heat up during the four-week period ending February 27. The median home-sale price was up 16% year-over-year, the biggest ...

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16M U.S. Homes Remain Vacant Amid Housing Shortage

Although the housing market is still heating up, more than 16 million homes throughout the U.S. are sitting vacant, according to a new report from LendingTree. This poses the question, if so many homes are vacant, why are housing prices ...

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Spring Homebuying Season Sees Early Start

According to a new Monthly Housing Trends Report from Realtor.com, home prices hit a record high ahead of spring buying season, as the U.S. median listing price reached $392,000 in February. Home prices also grew at an unusually fast pace ...

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Homeowner Tenure Highest in California Metros

According to a new report from Redfin, the typical American homeowner in 2021 had spent 13.2 years in their home—down slightly from the peak of 13.5 years in 2020, but up significantly from 10.1 years in 2012. Homeowner tenure fell last year ...

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Weighing the Economic Impact on Home Prices

Home prices nationwide increased year over year by 19.1% in January 2022 compared to January 2021, according to the new CoreLogic Home Price Insights (HPI) report. On a month-over-month basis, home prices increased by 1.4% in January 2022 compared with ...

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Vacant Homes Slowly Decline as Foreclosures Rise

ATTOM released its first-quarter 2022 Vacant Property and Zombie Foreclosure Report showing 1.4 million residential properties throughout the U.S. are vacant. Although foreclosures continue to rise, overall vacancy rates have decreased in 38 states from Q1 of 2021 to Q1 ...

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