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 the NAR Commissions Settlement Means for Home Builders
The legal settlement will improve transparency during the home sales process, mitigate predatory practices, and help preserve profitability for home builders
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
Mention of Eco-Friendly Home Features Is on the Rise in Sales Listings
Home listing descriptions using eco-friendly terms have been rising over the past five years in line with growing consumer interest in the environment and energy efficiency
New-Home Sales and Navigating the 3 D’s: Death, Divorce, and Downsizing
Here’s how home sales experts manage challenging lifestyle changes with and for their buyers
Market Data + Trends
Low Housing Supply Is Leading to Fewer but Faster Home Sales
As the number of new listings falls, homebuyers are either retreating from the for-sale market or going toe-to-toe for available homes
Housing Markets
Home Prices Rose in 70% of Metros During the First Quarter of 2023
The U.S. housing market is cooling, but in a few major metros, home prices continue to rise
Market Data + Trends
Share of Americans Who Say Now Is a Bad Time to Buy a Home Reaches 45-Year High
Just one in five Americans think now is a good time to buy a home—the lowest share recorded since Gallup began tracking homebuying sentiment 45 years ago
New-Construction Projects
Good News for First-Time Buyers—Home Builders Increase Entry-Level Production
For years, first-time buyers have struggled to afford home purchases in a high cost market with an undersupply of entry-level homes, but as construction costs rise, that could soon change
Housing Markets
Which Luxury Markets Are Seeing the Most Second-Home Purchases?
Demand for luxury vacation homes is subsiding in a pricier housing market, but affluent buyers are still making second-home purchases in a few popular destinations
New-Home Sales
Are the Days of Builder Incentives Coming to an End?
For the past several months, home builders have offered prospective buyers mortgage rate buydowns to make new-home purchases more affordable, but as the market stabilizes, those incentives may be coming to an end
Market Data + Trends
Spring Home Searches Narrow as Sellers Pull Back
Elevated mortgage rates aren’t the biggest roadblock for homebuyers this spring
Affordability
Unaffordable Home Prices Are the Biggest Deterrent for Today’s Buyers
Homebuyers cite historically high home prices as their biggest barrier to homeownership
Market Data + Trends
Home Prices Are Rising as the Spring Market Becomes More Competitive
Fewer homeowners are opting to sell in a market characterized by soaring interest rates. That dearth of new inventory is intensifying competition among spring buyers
Market Data + Trends
What Are Housing Experts Predicting for the Summer Real Estate Market?
The spring homebuying season is off to a slow start, and housing experts are divided about where the market is headed next
