Vacation and Investment Home Market Insights
A recent report finds that beach homes are the most sought-after vacation-home type, and the investment potential of a second home is an important factor in homebuyers' purchasing decisions
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
10 States Where Home Insurance Rates Have Risen the Most
Responding to the increasing number of natural disasters, insurers are hiking prices, with some states bearing the brunt more than others
Mortgage Rates Are Up but New-Home Sales Still Solid in March
Lack of existing home inventory drove a rise in new-home sales, despite higher interest rates in March
Who's Earning What in Construction
Workers in construction management roles may earn a higher median wage, but on average, lower-paid occupations have experienced somewhat faster wage growth
Affordability
Annual Home Prices Fall for First Time in 6 Years, but There’s a Catch
U.S. home prices posted a gradual year-over-year decline in June, but affordability challenges persist amid rising mortgage rates and low for-sale inventory
Housing Markets
As the Housing Market Rebounds, These Cities Are Seeing Home Prices Rise the Fastest
The short-lived days of home price declines are over, and these high-cost metros are proof
Market Data + Trends
Is the Housing Market Recovering After an Early 2023 Correction?
U.S. home prices rose in April following a months-long slowdown caused by soaring interest rates
Affordability
High Home Prices, Steep Interest Rates Lock Homeowners in Place
Dwindling affordability remains the biggest obstacle for today's homebuyers, and a slowdown in new listings driven by tentative sellers is only making matters worse
Financing
Mortgage Rates Are Falling, but Not Enough to Motivate Cautious Buyers
Mortgage rates may be stabilizing, but they still aren't low enough to bring stalled buyers back into the for-sale market
Market Data + Trends
What Will It Take to Resolve a Housing Deficit of 4.3 Million Homes?
Household formation continues to outpace new-home construction, but home builders alone can't resolve the nation's widening housing deficit
Market Data + Trends
Realtor.com Revises Its 2023 Housing Forecast
While housing costs won't hit rock bottom in 2023, they also won't see as much growth as Realtor.com predicted at the start of the year
Market Data + Trends
Why One Top Economist Says the Housing Market Recession Is Over
Zonda chief economist Ali Wolf says the housing market has bottomed after a nationwide correction, but where is the market headed from here?
Market Data + Trends
As Housing Inflation Cools, Competition Heats Up
Cooling inflation could force the Federal Reserve to pause its rate hikes in the months ahead, leading to improved affordability that will likely spur increased competition in the housing market
Affordability
Why One Housing Analyst Says Home Prices Could Soon Fall
Housing analyst Andy Walden says a short-lived home price correction could precede another run-up in housing costs to close out the year