Vacation and Investment Home Market Insights
A recent report finds beach homes to be the most sought-after vacation-home type and that the investment potential of a second home is an important factor in the purchasing decision
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
Market Data + Trends
The Median Home Price Is Up to a New Record High as Inventory Drops
Unrelenting price gains are a direct result of low housing supply and heightened competition in nearly every market across the U.S.
Market Data + Trends
Mortgage Rates Plunge Following Russian Invasion of Ukraine
Mortgage rates dropped at the fastest pace since early 2020 on Tuesday as home prices rose to another record high
New-Home Sales
Home Prices Hit Double Digit Yearly Growth
Record high home prices are here for the long haul, especially after significant gains in February
Market Data + Trends
Homeowner Tenure Flattened in 2021 as More Americans Relocated
The average homeowner spends 13.2 years in their home, but new migrational trends could cause that number to drop
Housing Markets
Buyer Demand Surges in Vacation Areas Amid Pandemic-Driven Work Flexibility
Remote workers are taking advantage of their newfound freedom and seeking out vacation markets for their new home offices
Market Data + Trends
Ukraine Crisis Could Boost Mortgage Demand as Interest Rates Drop Sharply
The Russian invasion of Ukraine is having an effect on the U.S. housing market as mortgage rates plummet 28 basis points in just two days
Market Data + Trends
Multifamily Apartment Absorption Soared in the Third Quarter of 2021
2021 apartment absorption rates surged to the highest level since 2005, while a lack of new inventory drove up asking rents for the third consecutive quarter
Affordability
Home Affordability Drops to New Lows in the 100 Largest U.S. Counties
When it comes to housing affordability, Gen Zers and Baby Boomers are equally burdened by escalating prices
Demographics
Hispanic Americans Are Chipping Away at a Persisting Homeownership Gap
The homeownership gap between white and Hispanic households is beginning to close, but more formidable challenges threaten the economic mobility of Hispanic Americans
New-Home Sales
U.S. Pending Home Sales Drop for the Third Consecutive Month After Predicted Gains
January pending home sales reached another consecutive low, disappointing economists who anticipated sales activity to rise 1%
