Metros Where Housing Prices Have Doubled in Less Than 10 Years
Historical data show it's taken less than 10 years for home prices to double in 68 of the country’s 100 largest cities
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
Q1 2024 Foreclosure Activity Rises Slightly
Data show New York, Houston, and Chicago topping the list of major metros with the greatest number of foreclosure starts during Q1 2024
More Listings, Lower Rates This Week
The market perks up with a recent influx of fresh housing listings, and the week ending March 28 sees a dip in mortgage rates
Mortgage Rates Set to Remain Higher for Longer
After the Fed's announcement on Wednesday that it is holding interest rates steady, homebuyers hoping for lower mortgage rates will have to keep waiting
As Mortgage Rates Dip, Homeowners With High Rates Move to Refinance
A decrease in rates last week prompted a rise in refinancing by homeowners who obtained their mortgages at near-peak rates
Financing
Why a Sudden Uptick in Mortgage Demand May Be Short-Lived
A series of recent bank closures led to a dip in the 30-year, fixed-rate mortgage, but housing experts warn more gains are ahead
Financing
Mortgage Rates Are Falling, and Homebuyers Are Responding
The Federal Reserve just raised its benchmark interest rate for the ninth consecutive time, but mortgage rates are falling, and as a result, homebuyer demand is rising
Financing
Billionaire MacKenzie Scott Is Donating Two of Her Homes to Fund Affordable Housing Initiatives
MacKenzie Scott is donating two mansions worth a combined $55 million to fund affordable housing initiatives in LA
House Review
Down Payments Are Shrinking, but Not in These Pricey Metros
The typical down payment is 10% smaller than it was a year ago, but buyers in these costly metros are still dishing out the big bucks for home purchases
Affordability
Homebuyer Demand Is Rising, but Sellers Are Slow to Respond
Homebuyers are making a market comeback after months of stagnant activity, but elevated interest rates are keeping sellers glued to the sidelines
Affordability
How Many Households Are Priced Out by Rising Mortgage Rates?
Soaring interest rates are pricing a growing number of Americans out of the new-home market, and that share is expected to keep rising as the Fed sends borrowing costs even higher
Affordability
Will Rising Mortgage Rates Undermine a Market Recovery Ahead of the Spring Buying Season?
Dwindling supply and rising borrowing costs are backing prospective buyers into a corner just as the spring market heats up
New-Home Sales
Homebuyers Persevere Despite Rising Mortgage Rates, Home Prices
Interest rates are on the rise, but prospective buyers are still forging ahead with home purchases at the start of the spring market
Housing Policy + Finance
The Federal Reserve Isn’t Slowing Its Rate Hikes Ahead of the Spring Market
The 30-year fixed-rate mortgage surged above 7% yet again, threatening to squash a recent resurgence of buyer activity
Financing
Mortgage Application Volume Falls to 28-Year Low Amid Rising Costs
Mortgage demand fell for the third straight week at the close of January as interest rates moved higher
