Market Studies

“Overall, the study revealed that Raleigh, North Carolina; Charlotte, North Carolina; and St. Louis are the three best metropolitan areas for homeownership. Each of these metros ranks among the lowest for share of homes lacking complete plumbing and kitchen facilities (both are lowest in Raleigh), meaning they appear to have relatively high-quality housing available,” said LendingTree Senior Economist Jacob Channel.

According to a new analysis by Zillow and Thumbtack, utility bills, property taxes, insurance and essential home maintenance can add up to nearly $14,155 for the average homeowner, or an additional $1,180 per month on top of a typical mortgage payment.

The Department kicks off the month of June by focusing its attention on the importance of creating and maintaining a healthy home by addressing home-based hazards, including reducing moisture and mold, and maintaining indoor air quality.

An upcoming Five Star Institute Webinar will feature a trio of experts discussing the impact of Section 1071 of the Dodd-Frank Act, a rule requiring financial institutions to collect and report data on small business loans.

Total residential loans dropped 19% in the first quarter of 2023, reaching the lowest point since 2000; refinancing was also down 85% year-over-year.

As reported by Realtor.com, home prices rose by 0.9% in May 2023, landing below numbers during pandemic and going further back to 2016.

A new report from CoreLogic has found that climate change is expected to alter hurricane activity this year, placing $11.6 trillion total reconstruction cost value at risk of hurricane-force wind damage across U.S. coastal counties.

While the Real House Price Index found that home prices, and therefore affordability, decreased across the country, median household income has increased 4.1% since January 2022.

While real estate investors bought up a large number of homes during the pandemic, a new report from Redfin revealed investors purchased 48.6% fewer homes in Q1 of 2023 than a year earlier, outpacing a 41% drop in overall home purchases.

As many Americans are leaving their hometown in search of more affordable areas, elevated mortgage rates and a shortage of inventory continue to deter U.S. homebuyers, as overall home sales dropped 22% from a year earlier in April.