Affordability These Metros Have an Abundance of Affordable Homes Despite low mortgage rates, buyers looking for affordable housing face limited options, many experiencing all-out bidding wars for homes...
Financing How Much Income Is Needed to Live in the Largest U.S. Cities? As the pandemic continues wreaking havoc on Americans' financial stability, less than 88% of apartment households made full or partial rent...
Financing Mortgage Rates Hit New Low as Application Volume Drops Mortgage rates took another dip, yet buyers are not applying in droves like before. According to CNBC, mortgage application volume actually...
New-Home Sales Being Outbid Emerges as Top Reason for Delays in Homebuying For prospective buyers who have been house hunting for upwards of three months, the road to homeownership has been plagued with being outbid...
Economics Median Home Prices Hit Record High in July July became another month of record breaking numbers for the housing industry as median home prices shot up to a new all-time high. Home...
Financing Singles Choose to Buy Over Rent Most in These Cities SmartAsset found that for every 10 households in the U.S., two of them are a one-person household. By analyzing the 2018 Census Bureau data,...
Sales Home Affordability Sees Slight Uptick in June Amongst all generations, more than 75% of homebuyers can afford less than half of the homes for sale in their markets. On average, 77% of...
Economics How Low Can Mortgage Rates Go? Just a few weeks ago, mortgage rates broke records by dropping just under 3%. Now at 2.87%, the average rate for the 30-year fixed is...
Economics Home Prices Predicted to Drop in Late 2020, 2021 Economists predict May 2021 to be the time for dropping home prices, a result of economic damage and concern over the government’s ability...
Financing Pandemic Slows Single-Family Rent Growth to Decade Low Rent for single-family homes broke records in February this year for the highest pace of growth in four years. Now, rent growth is at its...