The streak continues: as affordability concerns begin to price some buyers out of the purchase market, the latest data from the rental market shows that tenants are experiencing double-digit rent hikes as well. According to Realtor.com’s year-end Monthly Rental Report, December saw rents increase for the sixth month in ...
Read More »First-Timers Zero in on Markets Rich in Supply
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.
Read More »Ambitious Buyers Continue to Capitalize on Low Rates
For the third consecutive month, single‐family houses rose, as buyers cash in on low rates before a predicted hike in the coming months.
Read More »Swift Competition Drives Home Prices Upward
Home buyers continued to snap up the limited supply of available homes, exerting upward pressure on sales prices and overall home-price growth.
Read More »Home Construction Stunted by Supply Chain Issues
Housing starts may be on the rise, but supply bottlenecks and labor scarcity are impacting the pace of home builders.
Read More »Economists Find Millennials Will Drive Housing Market in ’22
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.
Read More »Pending Home Sales Rebound in October
Reversing the trend of just one month ago, pending sales of U.S. homes rose 7.5% in October as consumers regained their financial footing to lock in rates before an anticipated rise.
Read More »Home Sales Continue Resilient Push in October
Despite mounting affordability challenges, existing-home sales continued to push upward, rising a slight 0.8% over September’s totals.
Read More »Homebuilders Maintain Positive Outlook
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.
Read More »Home Sales to Taper Off in 2022
A combination of increased inventory and rising rates will play a role in weakening the housing market over the next 12 months.
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