For the first time on record, Myrtle Beach, South Carolina, has made it onto the list of most popular migration destinations, as homebuyers continue to flock to warmer, more affordable cities like Las Vegas and Sacramento.
Read More »Examining 2023’s Hottest U.S. ZIP Codes for Housing
The Hottest ZIP Codes of 2023 report from Realtor.com showed that homebuyers are seeking areas with larger homes and closer proximities to work, with many Americans flocking to areas that are more affordable relative to the rest of the country and less expensive than their nearby metro areas.
Read More »‘Soft Landing’ or Mild Recession? Fannie Experts Update Forecast
As the future of the economy remains uncertain, the Fannie Mae Economic and Strategic Research Group forecasts home sales to remain constrained within a tight range regardless.
Read More »Preserving Inheritor Homeownership: Helping Prevent Property Tax Foreclosures
While attaining homeownership remains a challenge for many, a new report from the National Consumer Law Center examines the severe consequences of property tax liens for owners of inherited homes, as well as the steps heirs can take to prevent property tax foreclosures and preserve homeownership.
Read More »Inflated Mortgage Rates Fuel Decline in Existing-Home Sales Activity
While Americans continue to struggle with housing affordability, a new report from the National Association of Realtors showed existing-home sales fell 2.2% in July, with available inventory and 7% mortgage rates continuing to drive overall sales activity.
Read More »Many Homeowners, Renters Moved in 2019 or Later
Metros where large shares of homeowners have recently moved are more likely to experience significantly higher home price appreciation, according to a new study from LendingTree, while renters are three times more likely to relocate than those who own their homes.
Read More »What Homebuyers Need to Know About Relocating to a High-Risk Area
While climate change is undeniable, a new study examined the types of Americans who move to areas exposed to high climate-related risks, including wildfire, flooding, hurricanes, extreme heat, and drought. Click through to see which archetypes are moving to which regions.
Read More »High Home Prices Fueling Peak Rental Season
According to RentCafe's August Rental Activity Report, Arlington, Virginia, is the most desired city by renters nationwide. As mortgage rates have topped 7% once again, renting remains the most affordable option for many Americans.
Read More »New Homes Make Up Near-Record Share of Housing Inventory
Homebuyers are turning to newly built properties amid the severe inventory shortage, according to a new market report from Redfin, which revealed new construction homes made up 31.4% of single-family homes on the market nationwide in Q2.
Read More »More Than Half of Americans Fear They Will Never Own a Home
Among Americans who don’t currently own a home, 51% say they’re worried they will never attain homeownership, according to a new survey from LendingTree. Mortgage rates topped 7% last month and home prices hit new highs in June.
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