Demographics Latino Homeownership Rates Jumped 13% Last Year More than 600,000 Latinos purchased a home with a mortgage in 2020, resulting in a 13% purchasing increase compared to 2019. Realtor.com...
Market Data + Trends Housing Starts Spring Forward in March Also, builder confidence remains strong in spite of supply-side challenges, according to the NAHB/Wells Fargo Housing Market Index (HMI).
Market Data + Trends Median Home Listing Price Now $370,000 Home prices posted a year-over-year median price increase of 15%, bringing the median home listing price to $370,000, according to Realtor...
Market Data + Trends Freddie Mac Says the Market Needs 4 Million More Homes In order to close the gap between housing demand and inventory, the market needs 4 million more homes for sale, according to a new report...
Remodeling Remodeling Market to Strengthen Through Next Year Home improvement and repair spending will continue at a healthy pace through 2021 and into the following year, according to the Joint Center...
Market Data + Trends Here's What Housing Economists Say About Remote Work and Housing Inventory Remote work, at least part time, will be a trend shaping the future of the housing industry permanently, according to housing economists and...
Land Planning The Present and Future of Land Demand Two large housing trends are expected to push up competition for land, says Greg Vogel, founder and CEO of Land Advisors Organization. The...
Housing Markets The Hottest Housing Markets Right Now Homebuyer activity perked up last month returning to its seasonal norm, a drastic difference from one year ago when the market came to a...
Demographics Are Millennials to Blame for Low Housing Stock? Millennials are poised to drive homeownership for years to come, and many reached homebuying age during the pandemic. This generation, aged...
Market Data + Trends Retirees Are Reversing the Downsizing Narrative It’s a well-known trend: the average American retiree lists their home to downsize into a more affordable and manageable one, but the...