Today’s Homebuyer Perception of Affordability Exceeds 2020 Levels
A larger share of homebuyers report being able to afford half or more of the homes available for…
Are Existing Homes Really Selling for More Than New Homes?
March sales data found median prices for existing homes were higher than newly built homes for the…
Buyers Turn to Cash and Higher Down Payments to Snag Homes
Amidst a highly competitive market, homebuyers are pulling out all the stops when trying to…
Why the Next Foreclosure Wave Won’t Be As Bad
If homeowners can't make their mortgage payments, they can take another path, one far less painful than foreclosure: sell, often at a hefty profit
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Financing
Real Estate Taxes Are Highest in These States
Aside from home prices, many Americans need to consider an area’s property taxes to ensure their future property fits into their budget.
Financing
Mortgage Rates Reach 10-Month High
Mortgage rates crept up last week, resulting in less demand for mortgages and refinancing.
Financials
Rapidly Rising Student Debt Keeps Millions From Homeownership
Student loan payments are holding many Americans back from becoming homeowners by keeping their debt-to-income ratios high.
Market Data + Trends
If Home Prices and Inventory Weren’t Enough, Buyers Now Struggle to Get Mortgages
Mortgage credit availability has reached near its lowest level since 2014, adding another hurdle for prospective buyers on top of low inventory and
Financing
Climbing Mortgage Rates Add $33,000 to Average Loan
The recent rise in mortgage rates are adding more stress to buyers who are struggling with high home prices.
Economics
Home Prices See Largest Gain in 15 Years, Some Blame the Federal Reserve
Home prices are continuing on an upward trend, reaching an 11.2% year-over-year gain in January, the highest annual gain in almost 15 years.
Financing
Income Needed to Afford a Home in Every U.S. City
Zippia.com rounded up median home prices for 175 U.S. metros and the minimum income needed to afford a home.
Market Data + Trends
Top Reasons Why Buyers Are Braving the Tough Market
Buyers are facing a market with tough competition, low inventory, and rising home prices, but they say it’s all worth it to achieve the American dr
Financing
February Listings Received an Average of Four Offers
Buyer competition intensified in February with an average of four offers per home sold last month.
Financing
Mortgage Rates Return to March 2020 Levels
Mortgage rates increased again this week as the market heads into the busy spring season, but it doesn’t appear to be scaring many buyers away, CNB
