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Housing Market

Home » Housing Market
Housing Market

Buyers Like Their Odds of Buying a Home in 1-5 Years, Despite Affordability Challenges

A new Realtor.com report shows homebuyers are still holding onto the dream of homeownership despite affordability challenges. Younger generations (millennials and Gen Zers) are more optimistic about buying a home in the next year or five years.

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February 26, 2024
Agent Strategy

Lead Analyst on How to Talk to Consumers About Mortgage Rates

HousingWire Lead Analyst Logan Mohtashami joined Byron Lazine and Lisa Chinatti on the Knowledge Brokers Podcast to discuss, among other things, whether to expect 5% mortgage rates in 2024—and how to respond when consumers ask about rates.

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February 20, 2024
Housing Market

Homeowner Tenure Has Doubled Since 2005–But Currently Falls Short of 2020 Peak

A new Redfin report shows homeowner tenure has doubled since 2005, mainly due to older Americans aging in place. But tenure still falls short of the 2020 peak.

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February 20, 2024
Housing Market

Redfin Reports Investors Bought 26% of Affordable Homes in Q4 2023: The Truth Behind the Numbers

According to a new report from Redfin, real estate investors bought 26% of the low-priced U.S. homes that sold in Q4 2023—the highest share on record.

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February 15, 2024
Housing Market

Single Renters Now Pay Over $7,000 More a Year on Rent

Zillow’s latest findings show an annual increase of more than $100 in the cost of renting alone, with today’s “singles tax” amounting to an average of $7,110 a year.

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February 14, 2024
Housing Market

Single Women Still Own More Homes Than Single Men—and the Gap is Widening

A new analysis from LendingTree finds single women are still more likely to be homeowners than single men. And the homeownership gender gap in 2022 is larger than it was the previous year.

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February 8, 2024
Housing Market

CoreLogic HPI Shows 5.5% Annual Increase in Home Prices

CoreLogic released its Home Price Insights report for February 2024 with HPI data through December 2023 and HPI forecasts through December 2024. For the first time since late 2022, no states reported year-over-year home price declines in December 2023.

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February 7, 2024
Housing Market

Buyers Gain $40,000 in Purchasing Power, But Still Face Affordability Issues

A new Redfin report shows a $40,000 increase in purchasing power for homebuyers on a $3,000 monthly budget since mortgage rates peaked last fall.

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January 30, 2024
Housing Market

Home Selling Profits Top $120,000 in 2023

ATTOM released its Year End 2023 Home Sales Report showing the first drop in home selling profits in over a decade amid modest home price gains.

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January 26, 2024
Housing Market

80% of Homebuyers Willing to Adjust Plans in 2024

A new RE/MAX report shows nearly 80% of prospective homeowners are willing to get creative and make adjustments to their homebuying plans to achieve homeownership in 2024.

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January 25, 2024
Housing Market

Fannie Mae’s Updated Forecast: Mortgage Rates Expected to Dip Below 6% in 2024

A new Fannie Mae report offers a more bullish revision on their earlier forecast, with mortgage rates dipping below 6% in the fourth quarter of 2024.

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January 22, 2024
Housing Market

Zillow’s New Reporting System Makes it Easier for Renters to Build Credit

Zillow has adopted a new reporting system that makes it easier for American renters to build credit by allowing them to have on-time rent payments reported to a national credit bureau.

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January 19, 2024
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