5 Housing Markets That Would See a Huge Increase in Homeownership if Mortgage Rates Dropped
Spokane, Wash., would experience an 11.4% increase in affordability if rates dropped to 6%
Survey Shows Buyers Have Homebuying Regrets
More than 80% of respondents have regrets about their home purchase and 50% of upcoming buyers would consider forgoing using an agent
4 Housing Affordability Organizations Awarded 2024 Ivory Prize
Ivory Innovations will provide $300,000 in total prize money to support winners’ initiatives
Mortgage Applications Increase Week-Over-Week, but Rates Remain a Challenge for Buyers
Data from the Mortgage Bankers Association show slight signs of optimism in national housing market
Median US Down Payment Falls by More Than $4,000
The recent decrease in costs is welcome relief for homebuyers, but many West Coast markets remain expensive
Data Show Most Americans Are Struggling to Afford a Home
40.5 million households can only afford to purchase a $150,000 home
Building Technology
Architecture Students Complete First 3D Printed Home in Los Angeles
Architecture students from Woodbury University in California recently completed Los Angeles' first permitted 3D printed home
Market Data + Trends
Could 2023 Be the Slowest Year of Home Sales Since the Great Recession?
Soaring mortgage rates and a dearth of housing inventory have pushed home sales to a 15-year low
Market Data + Trends
A Market of Extremes: Sellers and Buyers Struggle to Find Common Ground
Buyers and sellers are finding themselves in a push-and-pull housing market characterized by soaring mortgage rates, persistently high home prices, and a widening supply shortage
Government + Policy
White House Announces Initiatives to Boost Homeownership
The federal government recently announced a series of new housing policies aimed at creating more affordable pathways to homeownership
Market Data + Trends
Home Listings Are Rising, but Cautious Buyers Aren’t Budging
New listings are popping up at a much faster rate than their seasonal norm, but fresh inventory isn't tempting to wary buyers in a high-cost market
Market Data + Trends
Do Rising Foreclosures Pose a Threat to the US Housing Market?
Foreclosures notices are rising, but experts aren't worried about a subsequent housing bust
Design
Motel Conversion: A Motel Becomes a Model for Affordable Housing
A dilapidated Econo Lodge motel becomes the prototype for an adaptive reuse program to provide supportive housing
Market Data + Trends
Homebuying Conditions Improved in September
Despite an uptick in annual home price growth, buying conditions improved on a year-over-year basis in September
Financing
Adjustable-Rate Mortgages Surge as Fixed Mortgage Rates Peak
Homebuyers are turning to adjustable-rate mortgages as the average rate on the 30-year fixed mortgage reaches a two-decade high
Housing Markets
Housing Markets Heat Up: 98 of 100 Largest US Metros Are Overvalued
As home prices continue to rise nationwide, houses in the majority of U.S. metros are selling above their historical norms