While underwater mortgages continue to improve throughout the U.S., ATTOM's 2023 U.S. Home Equity & Underwater Report revealed nearly half of all mortgaged properties were considered equity-rich in Q3, despite experiencing the largest quarterly decrease since 2019. Here’s what else the report reveals.
Read More »Examining the Impact of the ‘Lock-in Effect’
A new Fannie Mae report examines how the "lock-in effect" is affecting the housing market. Click through to read why surveyed homeowners are staying put, and how that choice is sending ripple effects throughout the market.
Read More »The (Unattainable) American Dream?
As limited supply and affordability barriers continue to hinder potential homebuyers, Bankrate surveyed how U.S. adults feel about the ever-changing housing market, revealing that nearly half of all Americans believe it's a bad time to buy, while many others believe they'll never be able to afford their dream home. Here’s what else the survey revealed.
Read More »Homebuyers Flock to Upstate New York Amid Housing Supply Shortage
While housing affordability and competition tighten across the U.S., three cities in the Big Apple are among the nation’s fastest housing markets, according to a new report from Redfin. Click through to learn which NY regions are having homes fly off the market.
Read More »Big Apple, Big Rental Demand
While the Midwest remains the most dominant region for renters nationwide, one New York borough was named the most popular location for renters, according to RentCafe's October Rental Activity Report. Click here to see which other locales topped the list.
Read More »Residential Remodeling Activity Primed to Retreat?
According to a new analysis from the Joint Center for Housing Studies, home updates are likely to see some changes over the coming year. Click through to learn what the study is forecasting over the next four quarters.
Read More »Home Values Hit All-Time Highs in Q3
Home prices are up in 71% of the nation, according to ATTOM's 2023 U.S. Home Sales Report. With the U.S. median home price hitting another record in Q3, profit margins on typical home sales increased to nearly 60% nationwide.
Read More »Rent-Burdened Households Reach Their Highest Level in More Than a Decade
The share of renters who are cost-burdened has risen to the highest level since 2012, according to a new survey from Apartment List. Here’s how many households were rent burdened in America in 2022 per U.S. Census data.
Read More »Examining the Impact of Flood Risk on Florida Home Values
While nearly 40% of total U.S. residents live in coastal regions, a new CoreLogic report revealed that approximately 41 million U.S. residents face the risk of flooding along rivers and streams. Click here to see how flood risk impacts overall home values in the Sunshine State.
Read More »Potential Homebuyers Retreat as Rates Remain Elevated
While a slight increase in new listings offers potential buyers more housing inventory to choose from, Redfin has found that many are backing out of the market, as mortgage rates sit near levels last seen two decades ago.
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