How Much Must American Renters Earn to Afford Average Rental Prices?
US rents have increased 3.6% year-over-year, pushing the amount renters must earn to afford average rents to around $80K
Survey Shows Confidence Drop in Multifamily Development in Q1 2024
Current sentiment has NAHB projecting that multifamily starts will decrease by 28% during 2024 as developer activity slows
Developers Target Hotels for Adaptive Reuse Projects in Major US Cities
Of the growing number of adaptive reuse projects in 2023, hotel conversions stole the show, surpassing office-to-apartment conversions
Vacation and Investment Home Market Insights
A recent report finds beach homes to be the most sought-after vacation-home type and that the investment potential of a second home is an important factor in the purchasing decision
How Much Income Do First-Time Buyers Need to Afford the Average Home?
The median-priced home is unaffordable in 44 of the 50 largest U.S. metro areas
What Is the Relationship Between Urban vs. Suburban Development and Affordability?
A new paper from Harvard's Joint Center looks at whether expanding the supply of suburban housing could, in turn, help make dense urban areas more affordable
Housing Markets
The Most Popular ZIP Codes in 2021 So Far
Although the suburbs may not offer an exciting, fast lifestyle like cities often do, buyers continue to run to outlying metros in hopes of finding…
Affordability
Zillow Predicts Affordability Issues for Renters by End of 2021
If current rent and income growth trends continue, Zillow says some of the most affordable metros will become the least affordable and many…
Market Data + Trends
Housing Market Pushes Buyers to Rentals, Intensifying Demand
Intense demand, bidding wars, fast-rising prices—the rental market is beginning to look a lot like the for-sale market. Demand in the rental…
Economics
3 Early Signs the Housing Market Could Normalize Soon
For the first time in five months, home prices fell. It’s also the first time home prices did not break a record, and other metrics point toward…
Construction
Builders Turn Away Business Amid Supply, Labor Constraints
For the first time in their company’s history, some home builders are unable to sell homes, turning away buyers. Labor shortages, record high…
Market Data + Trends
Forbearance Exits Expected to Add Inventory
A wave of inventory could come soon as hundreds of thousands of homeowners are expected to exit forbearance, with a significant share likely to…
Land Planning
Lot Values Reach Record High Price
Lot values are approaching prices seen during the 2005 and 2006 housing boom
Market Data + Trends
Home Price Growth Has Relaxed—Here's Why
Intense home price growth has begun to show signs of slowing down, but Realtor.com says it’s not because fewer homes have sold. The site’s chief…
Market Data + Trends
The Housing Market's Two Biggest Challenges
June marked the third consecutive month of new single-family home sale declines, and the reasons why have spurred debates, says the National…
Financials
Financial Institutions' Effect on Today's Housing Market
The housing market isn’t just hot for homebuyers—Wall Street banks are throwing their hats into the ring, too. The only difference is these…
