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Housing Market

Home » Housing Market
Housing Market

Rents Drop for Three Straight Months as Rental Supply Increases

The July 2023 Rental Report from Realtor.com shows rent prices dropping year over year for the third straight month as rental supply increases. July also marks the first annual rent price decline for studio units since 2020.

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August 22, 2023
Hooded figure wearing a white Guy Fawkes mask sits with a laptop beside a modern glass-walled house at dusk by a pool area.
Housing Market

Ending Anonymous Luxury Home Purchases: A Major Shift in Real Estate Transactions

A proposed U.S. Treasury Department rule t aims to eliminate anonymous luxury-home purchases in the real estate sector.

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August 18, 2023
Wood-framed house under construction with a large beige-and-black pie chart overlay in the foreground.
Housing Market

New Builds Make Up One-Third of Inventory

A new Redfin report shows new builds account for nearly one-third (31.4%) of available inventory—the highest second-quarter share on record.

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August 18, 2023
Fist holding a large glittery 'MO MONEY' sign with a Bright MLS watermark overlay on a blue gradient background.
Housing Market

Bright MLS Study Shows Homes on the MLS Sell for 18% More than Off-MLS Homes

A Bright MLS study shows homes marketed on the MLS sold for an average 18% more than off-MLS homes in 2022—up from a 13% premium in 2020.

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August 17, 2023
Housing Market

Nearly 9 in 10 Homes Near Schools Are Unaffordable for Teachers

A new Redfin report on affordability near schools shows the typical U.S. teacher can afford only 12% of the homes for sale within commuting distance of the school where they work—down from 17% last summer and 30% in 2019.

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August 17, 2023
Two men stand side by side behind a banner reading 'MYTHBUSTERS' against a blue backdrop, arms crossed or relaxed pose.
Housing Market

5 Home Buying Misconceptions Americans Believe

Learn five common misconceptions Americans have about the home buying process, so you can help educate your clients.

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August 16, 2023
Housing Market

Stuck in Renting Purgatory: Over 80% Believe It’s a Bad Time to Buy a Home

The Fannie Mae Home Purchase Sentiment Index® saw a slight increase in July as consumer sentiment on job security and household income improved or remained high. But 82% of respondents believe it’s a bad time to buy a home—up from 78% in June.

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August 10, 2023
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Housing Market

Black Knight Report Shows Home Prices Reaching New Highs, Driving Up Equity

Black Knight released its August 2023 Mortgage Monitor Report, showing a record high home price index (HPI), with new highs in 60% of U.S. markets. Annual home price growth rose to +0.8% in June, driving up homeowner equity to within 3% of 2022 peaks.

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August 9, 2023
Housing Market

Recession, Soft Landing, or Holding Pattern: What’s Best For The U.S. Housing Market?

Fortune’s Lance Lambert joined Byron Lazine, Lisa Chinatti, and Tom Toole on the Knowledge Brokers Podcast to share his views on the housing market, and whether a soft landing, recession, or no landing would most improve housing affordability.

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August 8, 2023
Hands of professionals pointing at a tablet displaying blue bar charts during a meeting.
Housing Market

Annual Foreign Investment in U.S. Existing-Home Sales Declined 9.6%

According to a new report from the National Association of Realtors®, annual foreign investment in U.S. existing home sales fell 9.6% to $53.3 billion. International buyers purchased 84,600 existing homes—the lowest number since 2009.

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August 4, 2023
Housing Market

How the Inventory Shortage is Making Future Homes Taller and Smaller

A new report from Zillow highlights the challenges buyers face in today’s market, including higher costs and the severe shortage of affordable housing. A related report shows how builders are adapting by increasing production of taller and smaller homes.

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August 3, 2023
Zillow logo in blue on the left, with a tablet displaying a survey form and a hand tapping the screen on the right.
Housing Market

Intent to Sell: Zillow Survey Reveals How Many Homeowners Are Likely to Move

A new Zillow survey reveals the mortgage rate tipping point: at 5%, homeowners are almost twice as likely to sell their homes since roughly 80% are locked into rates of 5% or lower.

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August 2, 2023
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