According to the latest Monthly Rental Report from Realtor.com, rental prices grew nationwide by nearly 20% from March 2020 to 2022 during the pandemic. Two-year rental trends indicate some redistribution of higher rents across the 50 largest markets during COVID, ...
Read More »Survey: Majority of Potential Sellers Plan to List by Summer’s End
As part of “Listapalooza,” Realtor.com has released a slew of new data showing that potential sellers should think about preparing their home to sell now, during the time leading up to the traditional market frenzy that occurs starting in late ...
Read More »Median Home Listing Price Balloons to $405k
Another day, another housing record broken. Realtor.com has released new information showing that home prices have hit another record high—$405,000—for the first time in March 2022. But as prices rise, demand is beginning to moderate according to Realtor.com. In addition ...
Read More »Housing Market Kicks Off 2022 on a High Note
The latest S&P CoreLogic Case-Shiller Index Report shows annual home price gains in January of nearly 20%, marking the fourth-largest reading in 35 years.
Read More »Low Home Inventory Spurs Drop in February’s Pending Sales
Despite intense buyer demand, February marked the fourth consecutive month of declines seen in overall pending home sales nationwide.
Read More »Federal Reserve Increases Interest Rates
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.
Read More »Renting More Affordable in Half of Largest Metros
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.
Read More »Marriage Is No Longer a Prerequisite for Buying a Home
Once considered something of a prerequisite for buying a home, more couples are forgoing marriage and choosing to buy a house as partners instead of husband and wife. This new survey—conducted by market research and consulting firm HarrisX for Realtor.com—aims ...
Read More »Rents Increase by Double Digits for Sixth Month
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.
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