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Mortgage Rates Continue to Drop, As Does Affordable Housing Supply

Mortgage rates decreased again this week to another new low, but the shortage of homes presents a growing issue: a shrinking supply of affordable…

Sellers Spend Thousands on Upgrades Before Listing Homes

Sellers are dropping thousands on renovations for their homes prior to selling, with many realizing they have spent much more than anticipated.…

Financing

Mortgage Rates Hit New Low as Application Volume Drops

Mortgage rates took another dip, yet buyers are not applying in droves like before. According to CNBC, mortgage application volume actually…

Leading Single-Family Landlord Wants 80,000 More Suburban Homes

Leading single-family landlord Invitation Homes reported higher occupancy rates and revenue than predicted for the second quarter. Now, the…

Pandemic Sped Up Moving Plans for 25% of Homebuyers

For recent buyers, the middle of a pandemic was not an ideal time to move, but it was certainly a catalyst. A new survey conducted by Redfin …

Home Prices Rise in June, Economists Predict the Trend Won't Last Long

Home prices are being driven up month-to-month, but these increasing home prices may be a short-lived trend. In May, national home prices grew…

New Housing Permits Drop to 8-Year Low in Southern California

Southern California’s construction industry has been hit hard by the state’s shelter-in-place orders, resulting in an eight year low. For the…

Housing Markets

Urban Rent Growth Slows, May Signal Shift to the Suburbs

Unemployment hit renters much harder than homeowners, resulting in millions of renters fleeing back home to mom and dad, according to Zillow. As a…

Home Sale Prices See Largest Increase Since 2014

Strong buyer demand continues to fuel the housing market’s unprecedented recovery. For the period ending on July 26, pending home sales, mortgage…

Top 25 Cities for Young Professionals

SmartAsset crunched the numbers to find the best cities for young professionals. By comparing 150 cities across nine metrics, they identified the…

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