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Affordability

Housing Affordability Dips to 15-Year Low as Mortgage Rates Soar

Housing affordability took another hard hit last week following the Fed's most recent rate hikes

Design Best Practices

Beating the Heat to Attract Summer Homebuyers

Comfortably staging a model home or a for-sale unit can be a challenge in the stifling midsummer heat, but these tips from Housing Design Matters can engage home shoppers while keeping them cool

Market Data + Trends

A Housing Slowdown Is Underway, but This Downturn Is Nothing Like the Last One, Experts Say

The housing market is finally cooling off after a mid-pandemic hot stretch, but today's market is much more stable than the bubble and bust buying landscape of 2008

New-Home Sales

Homebuyer Competition Fell to 15-Month Low in May

Homebuyers are pumping the brakes on home purchases and backing out of bidding wars as rising mortgage rates slow a booming housing market

Affordability

The Share of Homes With Price Drops Just Reached a Record High

Mortgage rates are at their highest level since 2008, creating a slowdown in home price growth as homebuyer demand softens across the U.S.

New-Home Sales

Homebuyer Demand Is Softening, and Sellers Are Being Forced to Respond

Waning demand from prospective buyers is causing a growing number of sellers to slash their asking prices as the market cools

Demographics

Millennial Millionaires Are Putting off Major Purchases Due to Inflation

Millennials are the key drivers of growth for the housing market, but many are delaying their purchasing plans to wait out a period of elevated inflation

New-Home Sales

The Housing Market Reaches a Turning Point as Sellers Slash Asking Prices

Surging interest rates are rapidly cooling homebuyer demand, and a lack of competition is forcing some sellers to drop their asking prices

Sales + Marketing

Selling New Homes: There’s an App for That!

Buyers, builders, and real estate agents are discovering how apps can assist with the home selection and sales process

Market Data + Trends

Rising Interest Rates Cut Mortgage Demand in Half at the Start of June

Mortgage demand fell by more than 50% year-over-year a week ago as buyers scramble to adjust to an inflated market 

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