Is Fractional Homeownership Any Kind of Solution for Housing Attainability?
The imbalance between housing supply and demand is spurring some innovative options within the real estate industry
States Seek Long-Term Solutions to Reform Property Taxes
Rising home prices typically lead to higher property tax assessments, which has been the case in many Mountain West states, prompting lawmakers to grapple with property tax relief
Metros Where Housing Prices Have Doubled in Less Than 10 Years
Historical data show it's taken less than 10 years for home prices to double in 68 of the country’s 100 largest cities
Even With Inflation Running Hot and Elevated Mortgage Rates, Buyer Demand Rises
Mortgage rates will likely stay high for the next few months, but that doesn't seem to be deterring homebuyers
Q1 2024 Foreclosure Activity Rises Slightly
Data show New York, Houston, and Chicago topping the list of major metros with the greatest number of foreclosure starts during Q1 2024
More Listings, Lower Rates This Week
The market perks up with a recent influx of fresh housing listings, and the week ending March 28 sees a dip in mortgage rates
Financing
First-Time Buyers Are Choosing Conventional Over FHA Financing
An increasing number of first-time buyers opted for conventional, conforming loans rather than FHA-insured mortgages in January. Just 24% of first…
Market Data + Trends
Home Prices Jumped Double-Digits in December, Highest Pace Since 2013
Despite being known as the slowest month for the housing market, December home prices advanced 10.4% from 2019 to 2020. This marks the highest…
Demographics
Higher Fees, Interest Rates, and Mortgage Rejections for Black, Hispanic Buyers
Despite having similar financial situations, Black and Hispanic homebuyers are more likely to be denied mortgages compared to White buyers,…
Market Data + Trends
Home Values Increase Up to 9% Year-Over-Year Nationwide
Zillow’s January market report shows steady growth for home values, shortened listing time, and a strong year for home sales. Home values…
Market Data + Trends
Bidding Wars Are Top Reason Active Buyers Remain Unsuccessful
Nearly 70% of active buyers still searching for a home last quarter have spent up to three months on the hunt, with most blaming getting outbid.…
Financing
Mortgage Delinquencies Fall to Pandemic Low
The latest reading by CoreLogic found the number of mortgage delinquencies fell to a pandemic low at the end of November, yet the number of severe…
Market Data + Trends
Increasing Number of Prospective Buyers Are Turning Active
The National Association of Home Builders says low mortgage rates, a desire for more space, and the suburbs are the main reasons prospective…
Market Data + Trends
Buyers Face Tough Conditions as Housing Inventory Drops 43% Annually
If homebuyers are fed up with the rising home prices and low inventory now, the upcoming spring homebuying season could make this season look…
Sales
Debunking Common Homebuying Myths
There are six primary myths when it comes to home buying that many renters still believe, but knowing the facts could inform renters that their…
Market Data + Trends
Survey Finds First-Time Buyers Face New Difficulties
The housing market continues to warmly welcome first-time buyers with bidding wars, record-high home prices, and a shortage of inventory.…
