The nation’s inventory levels were boosted by new listings in June, contributing to a third consecutive month of supply growth.
Read More »As Boomers Age Out, How Will Housing Inventory Be Impacted?
With the oldest generation gradually aging out of their homes, will the inventory freed up provide relief for younger generations searching for their own path to homeownership?
Read More »Austin Rents Skyrocket Nearly 50% YoY
The median monthly asking rent in the U.S. surpassed a whopping $2,000 for the first time in May —rising 15% year-over-year to a record high of $2,002— according to a new report from Redfin. That’s on par with April’s annual ...
Read More »Inventory Makes a Recovery in June
Those experiencing woes due to the lack of available inventory may see relief on the horizon as early June numbers show that for-sale homes available to buyers climbed 18.7%—the fastest yearly pace of all time—according to Realtor.com’s Monthly Housing Trends ...
Read More »Existing-Home Sales Retreat Nationwide
Existing-home sales retreated for the fourth consecutive month in May, according to the National Association of Realtors (NAR). Month-over-month sales declined in three out of four major U.S. regions, while year-over-year sales slipped in all four regions. Total existing-home sales ...
Read More »Housing Affordability Hits 15-Year Low
Inflating mortgage costs, driven by skyrocketing prices and interest rates, have made mortgages less affordable than at any time since at least 2007. According to the latest market report from Zillow, demand for homes has pulled back in response —easing ...
Read More »Breaking the Housing Affordability Cycle
First American Deputy Chief Economist Odeta Kushi shares some solutions to solving the affordability puzzle.
Read More »Home Prices Up Nearly 21% Nationwide
Home prices have increased for the 123rd consecutive month, with newfound buyer urgency as a primary driver for 70% of U.S. homes selling for more than asking price this spring.
Read More »Housing Inventory Grows for First Time in Three Years
New data suggests the U.S. housing market may have hit a turning point in its supply struggle in May, as active inventory recorded the first year-over-year increase since June 2019, according to the latest Realtor.com Monthly Housing Trends Report for ...
Read More »Distressed Home Sales Down 2% YoY in April
NAR reports that foreclosures and short sales represented less than 1% of total home sales in April 2022, but down slightly from April 2021’s totals.
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