Market Data + Trends The Best Suburbs for Rentals With Maximum Space at Lowest Price It’s not just homebuyers who are interested in more space, renters need accommodations for their life changes as well, and many still need...
Affordability Home Affordability Dropped Slightly in July The National Association of Realtors reports that the median household income increased in July, but median home prices advanced at a higher...
Financing New Record Low Mortgage Rates Bring Buyers Relief Mortgage rates hit another new low this week, according to Freddie Mac. For 30-year fixed-rate mortgages, the most common type of loan,...
Financing Mortgage Demand Sees Atypical Year-Over-Year Surge of 40% At this time of year, the housing market typically begins slowing with mortgage applications to purchase a home at single digit year-over...
Economics Home Purchase Sentiment Rises, Though Still Trailing Behind 2019 Housing market confidence rose in August after a slight dip back in July, but current sentiments are nothing compared to last year’s...
Sales Bidding Wars Continue to Rage On For the fourth month in a row, Redfin reports more than half of homes listed on the site ended in a bidding war. Listings which received at...
Sales Low Mortgage Rates Are Not Enough to Keep Buyers Looking Due to rising home prices, the end has come for those to take advantage of low mortgage rates to afford a home. For the week ending...
Economics To Prevent a Housing Crisis, Renters Need More Than an Eviction Ban Talks about an eviction crisis have been occurring since the beginning of the pandemic and the housing market has pleaded with Washington...
Sales High-End Homebuyers Should Look at These Secondary Markets Major markets continue to see high demand and low inventory, but buyers may find hope in secondary markets and smaller cities. Inventory...
Financing Mortgage Rates Decline, But Credit for Builders Tightens The second quarter brought upon tightening credit for builders and developers, NAHB reports. The association’s survey on financing for...