The most expensive ZIP Codes were found to be predominantly in coastal regions of the US, with California and New York taking up many of the top spots on the list.
In Q-2 2025, the 30-day mortgage delinquency rate grew to 3.68%, compared with just 1.39% prior to the COVID-19 pandemic housing boom. Delinquencies are most common in Southern states, where overall debt is higher and incomes are typically lower.
Despite ongoing economic challenges, both construction and design professionals are expecting business activity to improve heading into the end of the year.
In a recent survey of Gen Z adults, nearly half of all respondents reported feeling ready to buy a home. However, only 36% say they are financially prepared to do so.
