Tag Archives: Danielle Hale

The Federal Reserve raised the nominal interest rate on Wednesday, for the first time since 2018, citing factors such as surging inflation and the growing military conflict in Ukraine.

In January, the monthly cost of buying was 24.8% higher than the cost of renting for consumers in 24 of the nation's 50 largest markets.

First-time home buyers with remote work flexibility are focusing on markets where the inventory of homes for sale is nearly two times more than the national average.

As more than 45 million millennials enter the prime first-time buying ages of 26-35, the year 2022 will present several opportunities, despite expected a rise in rates and a recovering inventory.

Despite mounting affordability challenges, existing-home sales continued to push upward, rising a slight 0.8% over September’s totals.

Despite lingering supply issues, housing permits increased to an annual pace of 1.65 million in October, a positive sign for home builders to close out the year.

More Americans are seeking homes in a market where short supply continues to be tagged with high ticket prices as potential buyers migrate from urban apartments to suburban homes.

Buyers may be returning to the market, but millennials and other first-time buyers continue to grapple with still-record-high prices.

While the market continues to favor sellers, 432,000 newly listed homes hit the market in August, with once-hotly-contested bidding wars cooling to close out Q3.

ZIP codes that made this year's "hottest" list offered more square footage for the money, a robust job market, and nearby outdoor activities.