The National Association of Realtors’ latest Pending Home Sales Index showed transactions sliding by 31% year-over-year. Contract signings also pulled back in all four major U.S. regions, with inflated mortgage rates continuing to hinder homebuyers from purchasing a home.
Read More »Pandemic-Era Sellers’ Market Experiences Rapid Decline
As housing affordability continues its decline, the latest analysis from First American projects home price appreciation to fall further as the booming sellers’ market seen in early 2022 has now turned in favor of homebuyers.
Read More »Whatever Happened to Starter Homes?
Due to increasing cost of land, zoning restrictions, and skyrocketing costs for building materials, starter-homes are becoming a dying trend. The latest market study from Point2 Homes explores the challenges facing first-time buyers.
Read More »Black and Latino Homeownership Rates Rise in Nearly Half of U.S.
While Black and Latino households have often been disproportionately affected by predatory lending practices, homeownership rates have increased nationwide for both. However, lack of affordable housing and high interest rates may pose challenges moving forward.
Read More »Nearly a Million Americans Fear Losing Their Home to Foreclosure
With many households unable to afford necessary expenses as a result of rising rates and inflated home prices, a recent study from LendingTree revealed that many American homeowners report being worried about or likely to leave their home due to foreclosure in the next two months.
Read More »Budget Challenges Persist for Homebuyers
In order to better understand the sentiment and experiences of buyers, sellers, and renters currently on the market for homes, the Realtor.com Economics team has conducted a randomized survey of visitors to listing and search result pages in their latest ...
Read More »Consumer Celebrity Knowledge Outpaces Understanding of Real Estate Basics
New data shows Americans are as baffled by how real estate works as they are about cryptocurrency. According to a new Zillow survey, the study finds most Americans know more about celebrity love lives, the Kardashians, and the NFL than ...
Read More »Limited Inventory Creating Housing Market Challenges
While experts forecast 2022 to be a seller's market, annual home price growth is expected to moderate from its pace of 2021.
Read More »Overseas Real Estate Investors are Net Sellers
For the first time since 2012, overseas investors became net sellers of U.S. real estate, and in this Video Spotlight, CNBC’s Diana Olick discusses the $21.3 billion in direct acquisitions and $21.4 billion sold by investors in Q2 2019.
Read More »The Homebuyer View on Home Prices
A recent study reveals that the median home price change expectations among consumers remained steady, but lenders may be more optimistic.
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