An estimated 21.48% of owner-occupied households in the U.S. are housing-cost-burdened. A new study from LendingTree reveals that single women homeowners are most at-risk, while married couple households are least likely to be financially distressed.
Read More »Home Prices Jump Alongside Modest Rise in Demand
Some 30% fewer new listings came on the market in March compared to pre-pandemic norms, meanwhile sales activity experienced a modest increase, according to Black Knight's latest Mortgage Monitor report.
Read More »Annual Home Price Growth Falls to 10-Year Low
While annual home price growth fell to lows not seen in a decade, growth still increased for the 134th consecutive month in March 2023.
Read More »Mortgage Rates Remain Relatively Steep Compared to Record Lows
Nationwide, the average payment on a new mortgage is now $2,317 a month, according to a report from LendingTree, with monthly mortgage payments the most expensive in Hawaii, California, and Massachusetts.
Read More »Landlords Reveal the Most Burdening Rental Management Activities
A new Zillow survey reveals that roughly 92% of landlords reported that maintaining properties and screening renters are the biggest hassles of property management.
Read More »Lack of New Listings Prevent Home Prices From Declining Further
As homeowners continue to hang onto low mortgage rates, a new report from Redfin reveals new listings fell 22.4% year-over-year in April, while pending sales slid 17% year-over-year.
Read More »Collaboration Between Professor and Students Take on Mortgage Climate Risk
Professor Clifford Rossi called the project "the finest student presentation on a highly technical subject I have ever been involved with."
Read More »Elevated Housing Costs Driving Homebuyers to More Affordable Areas
While nationwide migration trends remain firm, according to a new report from Redfin, a record one-quarter of home searchers are looking to move to a new metro as high housing costs continue to push homebuyers to more affordable places.
Read More »Profit Margins on Typical Home Sales Drop Nationwide to Two-Year Low
As home prices remain flat throughout the country, ATTOM's Q1 2023 U.S. Home Sales Report revealed investment returns declined quarterly by five points, while median home values declined in nearly all markets nationwide.
Read More »Pending Home Sales Decrease for First Time in Five Months
The National Association of Realtors reported that pending home sales fell 5.2%. Click through for more.
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