...seen a rise in rental concessions compared to last year. The most deal sweeteners are found in Salt Lake City, Utah, and San Jose, California, where more than half the...
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Examining the Most Popular Cities for Renters
...in Colorado Springs, CO (#7)—this month’s highest ranking new entry. Sunnier destinations like California’s Riverside and Sacramento attracted more engagements from renters this month, replacing large urban hubs like Chicago...
Read More »Outlook: Real Estate—Especially Commercial—On the Cusp of Revitalization
...the 2023 NTX Realtor Experience conference in Anaheim, California. "There's tremendous difficulty in the commercial real estate market with higher interest rates," Yun explained. "Given roughly $3 trillion in commercial...
Read More »Housing Inventory Plummets in Most Affluent U.S. ZIP Codes
...the same time in 2022. Inventory plummeted in most of the most affluent ZIP codes in the past year. The for-sale stock in 92861 and 92657—two ZIP codes in California’s...
Read More »Home Prices Hit New Peak as ‘Supplier’s Strike’ Continues
...Florida (+4.4%) California (+4.0%) Texas (+3.8%) New York (+2.9%) There only state with a year-over-year decrease in the HPI was South Dakota (-5.1%). October 2023 House Price Local Market Highlights...
Read More »Foreclosure Filings: A ‘Concerning Picture’ of Future Trends?
...greatest number of foreclosure starts in October 2023 included: Texas (2,966 foreclosure starts); California (2,747 starts); Florida (2,319 starts); New York (1,405 starts); and Georgia (1,054 starts). Lenders repossessed 3,332...
Read More »NAR Forecast: Existing Home Sales on the Rise by Next Spring
During a panel at the National Association of Realtors (NAR) 2023 NTX Realtor Experience Conference in Anaheim, California, the NAR’s Chief Economist Lawrence Yun talked about the current state of...
Read More »Up, Up, and Away: How Many U.S. Metros Reported Q3 Home Price Gains?
...8.7%) San Francisco-Oakland-Hayward, California ($1,300,000, up 1.6%) Urban Honolulu, Hawaii ($1,061,900, down 5.8%) San Diego-Carlsbad, California ($978,500, up 8.7%) Salinas, California ($945,300, up 5.3%) Oxnard-Thousand Oaks-Ventura, California ($921,500, up 3.8%)...
Read More »SFR Growth Expands in Q3 Amid Housing Market Uncertainty
...in these three states comprised 80% of the 10 highest average monthly rents across the country, with San Diego-Carlsbad, California, and Los Angeles-Long Beach-Anaheim, California, taking the top spots with...
Read More »Achieving Homeownership: Which Generations Are Struggling to Leave the Nest?
...California is the most popular state for multigenerational living. When it comes to the largest shares of multigenerational households, West Coast metros dominate. Out of approximately 3 million millennials in...
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