Housing Market

Rising bar chart over a background of cannabis leaves, symbolizing growth in the cannabis market or industry

Home Values are Six Figures Higher in States with Recreational Cannabis

A new report by Real Estate Witch shows home values in states with recreational cannabis are six figures above those of states without.

November 10, 2023

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Only 30% of Veterans Know All of Their Homeownership Options

According to a new national survey of Veterans and active duty service members, only three in 10 know they can use their VA benefit to buy a home with zero down payment. Realtor.com, in cooperation with other organizations, aims to change that.

November 10, 2023

Housing Market

All-Cash Home Purchases Reach Their Highest Level in Almost a Decade

According to a new Redfin report, homebuyers in September paid all cash in just over one-third (34.1%) of U.S. home sale transitions—up from 29.5% one year ago and the highest share in almost a decade.

November 9, 2023

Barriers to Homeownership for Black Households

A new Zillow report shows a lack of access to credit is barring a significant percentage of Black households from buying a home, leaving them with rent payments that are often considerably higher than the median mortgage payment for their area.

November 8, 2023

Bright modern white kitchen with an island, flowers, and stainless appliances; centered black-and-gray 'New Builds' pie chart overlay.

Nearly a Third of Homes for Sale are New Builds—the Highest Share on Record for a Q3

A new Redfin report shows nearly a third of all U.S. homes for sale (30.6%) are newly built, marking the highest share of any third quarter on record.

November 2, 2023

Vintage living room with floral striped wallpaper, a white paneled door on the left, and a framed portrait of a woman above a decorative patterned sofa.

Would You Buy a Haunted House to Save Money?

Reports from Real Estate Witch and Zillow reveal some interesting statistics on haunted houses and the people who buy them—as well as what buyers perceive as scarier than rooming with ghosts and the lengths sellers will go to to unload a haunted property.

October 31, 2023

Night cityscape: a glass office tower, historic white buildings, and a large curved white museum, all reflected in a calm pool of water.

Housing Market

10 Fastest Housing Markets in the U.S.

A new report from Redfin highlights the ten fastest housing markets in the U.S., led by Albany, NY, where the typical home went under contract in just eight days. A typical home in Austin, TX is taking almost two months to go under contract.

October 30, 2023

Night city skyline at dusk with illuminated buildings along a river and reflections in the water, left by a domed historic tower.

Housing Market

Fall 2023 Emerging Housing Markets

A new report on Realtor.com shares the results of the Fall 2023 Wall Street Journal/Realtor.com Emerging Housing Markets Index, highlighting the top 20 emerging markets for the season.

October 27, 2023

Modern apartment building with glass balconies and two white outlined speech bubbles reading RENT? and BUY?.

Housing Market

It Costs 52% More to Buy a Home Today Than it Does to Rent

Today’s average monthly mortgage payment is 52% higher than the typical monthly rent on an apartment, according to data from commercial real estate firm, CBRE.

October 27, 2023

Old wizard with a long white beard raises a glowing fiery orb over a piano in a dark, fantasy setting.

Home Price Forecasts for 2024 are Divided

Fannie Mae, CoreLogic, and Zillow are forecasting year-over-year increases in home values in the coming year, while Moody’s Analytics and Morgan Stanley are predicting single-digit national home price declines.

October 24, 2023

Businessperson in a suit drawing a glowing upward arrow labeled 'profit' to indicate growth and optimization of profits.

Home Seller Profits Are Up, along with Homeownership Tenure and Cash Sales

Home seller profits increased from 56.6% in Q2 to 59% in Q3 according to ATTOM’s third quarter 2023 U.S. Home Sales Report, showing the second consecutive quarterly uptick after several declines. Profit margins are down year over year.

October 23, 2023

Businessperson in a suit steps over two jagged arrows, red labeled Mortgage Rates rising and blue labeled Inventory declining, on a dark background.

Housing Market

With Rates at 8%, Housing Market Is On Pace for Fewest Homes Sold since 2008

With rates at 8%, a new Redfin report shows a housing market poised to finish 2023 with about 4.1 million home sales nationwide—the fewest since 2008. Byron Lazine shows how the potential for earning is still high for skilled and motivated real estate agents.

October 20, 2023