How Much Income Do First-Time Buyers Need to Afford the Average Home?
The median-priced home is unaffordable in 44 of the 50 largest U.S. metro areas
What Is the Relationship Between Urban vs. Suburban Development and Affordability?
A new paper from Harvard's Joint Center looks at whether expanding the supply of suburban housing could, in turn, help make dense urban areas more affordable
10 States Where Home Insurance Rates Have Risen the Most
Responding to the increasing number of natural disasters, insurers are hiking prices, with some states bearing the brunt more than others
Mortgage Rates Are Up but New-Home Sales Still Solid in March
Lack of existing home inventory drove a rise in new-home sales, despite higher interest rates in March
Who's Earning What in Construction
Workers in construction management roles may earn a higher median wage, but on average, lower-paid occupations have experienced somewhat faster wage growth
Build-to-Rent Is Booming, Particularly in These Metros
A recent report finds that the Phoenix metro leads with more than 4,000 build-to-rent units completed in 2023, and Texas is the leading state for build-to-rent development
Economics
Do Unsustainable Home Prices Mean a Market Crash is Underway?
What goes up must come down, and for the current housing market, more consumers are concerned whether the fall will be a crash and burn. But just…
Market Data + Trends
More Buyers Expect an Easier Road to Homeownership Soon
Compared to one year ago, more buyers today are hopeful that their home search will become easier in the months ahead. Still, the majority share…
Electrical
Prep for Future Demand Through Pre-Wiring for Electric Vehicle Charging
There are several home features growing in popularity that are likely to become the norm in 10 to 20 years, such as electric vehicles. Homes are…
Market Data + Trends
Healthy Increase of Listings Could Be on the Horizon
A new survey by Realtor.com found a significant share of homeowners plan to list their homes this year. The online survey asked nearly 4,000…
Market Data + Trends
Current Housing Price Growth 'Not Sustainable'
While the housing market’s boom can be justified, there are a handful of trends resulting from low inventory and high demand that are not…
Housing Markets
Buyers Face Less Competition in These 10 Towns
Buyers across the country are facing bidding wars and sparse inventory, but not every U.S. metro is experiencing the same heat. The housing market…
Coronavirus Resources and Information
How the Pandemic Shaped New Housing Demands
The pandemic pushed Americans to reconsider their living situations and priorities, resulting in higher standards for homes. Homebuyers today want…
Market Data + Trends
Increasing Number of Buyers Desire Newly Built Homes
More homebuyers are specifically seeking new homes on their buying journey compared to 2020. A recent survey from the National Association of Home…
Housing Markets
The Best Metros for Homebuyers and Home Builders
Housing inventory has fallen continuously during the past nine years while buyer demand has only risen, says the National Association of Realtors…
Market Data + Trends
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 first time in 15 years, but CNBC says there’s…
