5 Housing Markets That Would See a Huge Increase in Homeownership if Mortgage Rates Dropped
Spokane, Wash., would experience an 11.4% increase in affordability if rates dropped to 6%
Survey Shows Buyers Have Homebuying Regrets
More than 80% of respondents have regrets about their home purchase and 50% of upcoming buyers would consider forgoing using an agent
4 Housing Affordability Organizations Awarded 2024 Ivory Prize
Ivory Innovations will provide $300,000 in total prize money to support winners’ initiatives
Mortgage Applications Increase Week-Over-Week, but Rates Remain a Challenge for Buyers
Data from the Mortgage Bankers Association show slight signs of optimism in national housing market
Median US Down Payment Falls by More Than $4,000
The recent decrease in costs is welcome relief for homebuyers, but many West Coast markets remain expensive
Data Show Most Americans Are Struggling to Afford a Home
40.5 million households can only afford to purchase a $150,000 home
Financing
Mortgage Activity Decreases for Third Consecutive Week as Rates Rise
The average 30-year, fixed-rate mortgage is back into the 7% range, causing purchasing and refinancing activity to drop for the third week in a row
Demographics
The Housing Market Is Creating an Epidemic of Loneliness
Homes in social, walkable neighborhoods are becoming increasingly expensive, and young buyers unable to afford them are faced with lonely living situations
Market Data + Trends
When Will the Housing Market Favor Buyers Again?
The majority of Americans say now is a bad time to buy a home, and experts say market conditions may not improve anytime soon
Housing Markets
Just 7 of the Nation’s 200 Largest Markets Are Back to Pre-Pandemic Inventory Levels
Only seven of the largest U.S. housing markets have seen inventory levels return to pre-pandemic norms due to waning demand from a more financially constrained buyer pool
Build to Rent
Rent Growth Is Slowing Where Fresh Supply Meets Stable Demand
For the past several years, a supply-and-demand imbalance in the rental market has pushed prices to new highs, but a number of markets are now returning to pre-pandemic norms
Affordability
DC-Area Starter Homes Are in Short Supply Despite Strong Demand
First-time buyers in the Washington, D.C., metro area face continuing home price gains that are pushing once affordable starter homes further out of reach
Housing Markets
These Are the 10 Most Popular US Cities for Out-of-State Buyers
Americans are relocating to these metro areas for more favorable regional amenities and more affordable housing
Housing Markets
These Local Markets Are Seeing the Most Significant Home Price Fluctuations
While one side of the country is confronting a widespread home price correction, the other is seeing continued strength in its local housing markets
Build to Rent
Will Rental Costs Come Down as Supply Surges?
Rental supply is increasing, but not at an adequate pace to satisfy steady demand from single-family and multifamily renters
New-Construction Projects
Affordable Housing Complex Breaks Ground in Sacramento
Construction is underway for a Sacramento affordable housing complex designated for residents making between 30% and 60% of the area's median income