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New-Home Sales

Uptick in Pending Home Sales Signals Rebounding Buyer Demand at the Start of 2023

Pending home sales are rising for the first time in 14 months as a market correction creates new opportunities for priced-out buyers

Market Data + Trends

Home Builder Sentiment Is Rising for the First Time in Over a Year—Here’s Why

A slight drop in mortgage interest rates is motivating prospective buyers to jump back into the for-sale market, and that new activity is boosting home builder sentiment at the start of 2023

Affordability

As Housing Costs Outpace Income Growth, the Typical US Renter Is Now Rent-Burdened

Renters across the U.S. spend 30% of median income on monthly payments as housing costs continue to reach new highs

Housing Policy + Finance

Biden Administration Introduces New Initiative to Protect Tenants and Lower Rent Costs

President Biden recently announced a new action plan to address soaring rental costs and unfair housing practices

New-Home Sales

Majority of Americans Still Prioritizing Homeownership Despite Market Challenges

Millions of Americans are looking to become homeowners in the year ahead, but as mortgage rates continue to climb while home prices remain elevated, not all prospective buyers will be successful

Market Data + Trends

Roughly 92% of Millennial Homebuyers Say Inflation Has Affected Their Purchasing Plans

Millennials are entering their prime homebuying years during one of the housing market's most volatile periods in history, but many are forging ahead anyway

Demographics

Single Women Are More Likely to Be Homeowners Than Single Men in 48 States

Single women own nearly 2.5 million more homes than single men and are more likely to be homeowners in 48 states across the U.S.

Market Data + Trends

Homeownership Survey Results: Adapt Your Strategy for Shifting Consumer Sentiment

A recent survey about homeownership finds that while consumers believe in homeownership, many think now is not the right time to buy

Demographics

As Housing Costs Rise and Starter Homes Disappear, First-Time Buyers Face a Dilemma

Unforgiving market conditions mean today's first-time homebuyers are older and more financially burdened than new buyers in years past 

New-Home Sales

These Are the Biggest Regrets Among Mid-Pandemic Homebuyers

A number of buyers who purchased homes during the COVID-19 pandemic were forced to raise their budgets and make sacrifices to beat out the competition, and many now regret their decisions

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