Vacation and Investment Home Market Insights
A recent report finds that beach homes are the most sought-after vacation-home type, and the investment potential of a second home is an important factor in homebuyers' purchasing decisions
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
Housing Experts Anxiously Await June Case-Shiller Report
Experts say the trajectory of the fall housing market hinges on this week's Case-Shiller home price index
Market Data + Trends
Mortgage Rates Reach 22-Year High, but Economists Are Optimistic
The 30-year fixed-rate mortgage reached a 22-year high last week, but market economists say a "glimmer of optimism" lingers on the horizon
Environmental
How a Climate Crisis Is Affecting Housing Affordability
Climate emergencies caused an estimated $57 billion in damage in 2021, and as Americans continue to rebuild from extreme weather events, housing is getting more expensive
New-Home Sales
New-Home Sales Rose Sharply in July
Prospective buyers are turning to new construction amid a widening supply shortage in the market for existing homes
Market Data + Trends
2023 Isn't Turning Out to Be Nearly as Tough as Home Builders Expected
So far, the first six months of 2023 have far exceeded home builders’ expectations
Market Data + Trends
Is Respite From Rising Home Prices and Mortgage Rates on the Horizon?
A cooler seasonal market could lead to long-awaited price drops after a summer of record gains
Market Data + Trends
Housing Inventory Reaches Highest Level of 2023
In a nutshell: Rising mortgage rates make more housing inventory
Market Data + Trends
US Home Prices Are Rising Again
An inventory shortage caused by climbing interest rates is causing home prices to surge for the first time in five months
Market Data + Trends
Single-Family Homes Are Getting Smaller
Why has the average U.S. single-family home size fallen to its lowest level since 2010?
Economics
How a Mild Recession Could Actually Help the Housing Market
A housing recession may not be as scary as it sounds, especially after years of unprecedented growth leading to a supply/demand imbalance
