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
Mention of Eco-Friendly Home Features Is on the Rise in Sales Listings
Home listing descriptions using eco-friendly terms have been rising over the past five years in line with growing consumer interest in the environment and energy efficiency
New-Home Sales and Navigating the 3 D’s: Death, Divorce, and Downsizing
Here’s how home sales experts manage challenging lifestyle changes with and for their buyers
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
A Look at Homeownership Rates Across the Nation
Data for homeownership rates in the 100 largest US cities show Port St. Lucie, Fla., in the top spot, while West Virginia is the state with the most homeowners
Millennials on Top Again as Largest Homebuying Group
Millennials beat out Boomers as the largest homebuying cohort, according to a recent report, but Boomers remain the largest generation of home sellers
Housing Markets
A Record Share of U.S. Homebuyers Are Relocating for Affordability
Remote workers are flocking to sunny markets where home prices are still reasonably affordable
New-Home Marketing
The Top Home Features for First-Time Homebuyers
First-time homebuyers aren’t giving up on their dreams of homeownership in a heated housing market, and they also aren’t willing to compromise on these essential home features
Market Data + Trends
Economists Are Lowering Their Sales Forecasts as Mortgage Rates Hit New High
Rising mortgage rates exceeded expectations with a 26 basis point increase to 4.72% on Tuesday
Government + Policy
Virtual Appraisals Could Reduce Racial Bias on Home Purchases
Home appraisals can now be conducted remotely, a move which the Interagency Task Force on Property Appraisal and Valuation Equity hopes will eliminate racial biases in home purchases
New-Home Sales
The Top Homebuyer Preferences for the 2022 Spring Buying Season
Post-pandemic lifestyle changes are causing a shift in homebuyer preferences at the start of a busy spring season
Housing Markets
Millennials Are Taking Over the High-End Housing Market
High-income Millennial buyers are skipping past starter homes and diving into the deep end of a competitive high-end market
Market Data + Trends
A Frenzied Housing Market Could Persist Beyond the Spring Season
Price hikes and dried up inventory could remain status quo into the summer months, and potentially for the entirety of 2022
New-Construction Projects
February Housing Starts Reached Highest Share Since 1973
Residential construction starts rose to a new high in February, suggesting a boost in inventory after over a decade of scarce supply
New-Home Sales
Vacation Home Demand Falls to Lowest Level Since 2020
Rising mortgage rates are turning prospective buyers away from second home purchases after record high demand throughout the pandemic
Housing Markets
A Record Share of U.S. Homes Are Worth $1 Million or More
The share of million dollar homes rose nationwide to 8.2% in February as a lack of inventory drives up sale prices