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
Mortgage Purchase Applications Slow, Even as Rates Fall
Mortgage rates dropped by one-tenth of a percentage point at the start of June, but that gradual improvement in housing affordability wasn't enough to lure buyers back to the for-sale market
Financing
Some Lenders Now Offer Bargain Mortgages, but Experts Say They May Not Be a Good Idea
Americans can now buy a home with just 1% down, but experts warn there are risks associated with bargain mortgages
Demographics
Younger Generations Are Staying Away From the Housing Market—Here’s Why
Gen Zers and Millennials are most disadvantaged by a financial crisis caused by soaring inflation and stagnant wage growth, and as a result, many are boycotting a volatile housing market
Financing
FHA Introduces Plan to Help Mortgage Borrowers With Monthly Payments
The Federal Housing Administration is working to reduce monthly payments for homeowners struggling to pay their mortgages by introducing a new payment supplement program
Market Data + Trends
High Home Prices and Rents Cause Investor Pullback, Giving Homebuyers a Chance
As professional investor activity in the residential housing market slows, homebuyers may enjoy less competition for available homes
Financing
Buyers Retreat as Mortgage Rates Creep Over 7% Threshold Again
Mortgage rates rose above 7% again this week, and experts say purchase applications are likely to slow as a result
Financing
Mortgage Rates Remain High, but Rate Stability Is Encouraging Buyers
The 30-year, fixed-rate mortgage has been hovering under 6.5% APR for the last few weeks, and homebuyers are using that stability as an opportunity to buy
Affordability
In a Housing Market Ruled by Fluctuating Interest Rates, Timing Is Everything
According to priced-out homebuyers, the most crucial factor in buying an affordably priced home in today's high-cost market isn't the home's size or location—it's timing
Financing
Home Prices Are Increasing, but Buyer Sentiment Is on the Rise—Here’s Why
Homebuyers delayed by soaring borrowing costs are finding a window of opportunity as the Federal Reserve prepares to pause its rate hikes
Financing
The Mortgage Rate Madness Continues—Where Are Borrowing Costs Headed From Here?
Has the Federal Reserve taken its rate hikes too far? Here's what housing experts have to say about today's homebuying conditions
