Build-to-rent homes hit record high in 2024 with no signs of slowing

In 2024, a record 39,000 single-family rental homes were completed, marking a 15.5 percent jump from the previous year, according to a Point2Homes analysis of Yardi Matrix data released Wednesday. Continue reading

Most Gen Z sellers have regrets over pandemic home purchases

Five years after the arrival of COVID in the US, 94 percent of Gen Z and 86 percent of millennial first-time homesellers say they regret their pandemic-era purchase, according to an analysis by Opendoor. Continue reading

Most Gen Z sellers have regrets over pandemic home purchases

Five years after the arrival of COVID in the US, 94 percent of Gen Z and 86 percent of millennial first-time homesellers say they regret their pandemic-era purchase, according to an analysis by Opendoor. Continue reading

US home prices rose modestly in January, led by NYC and Chicago

The FHFA Housing Price Index posted a 4.8 percent annual growth rate while the S&P CoreLogic Case-Shiller Indices showed a slightly lower increase of 4.1 percent, according to new data released Tuesday. Continue reading

Pending home sales fall 4.6% to an all-time low, NAR says

The Pending Home Sales Index (PHSI), which tracks home sales based on contract signings, dropped 4.6 percent to 70.6 in January, marking an all-time low, while pending transactions fell 5.2 percent year over year. Continue reading

Recent survey highlights housing priorities ahead of 2024 election

According to the survey, approximately 41.6 percent of U.S. homeowners believe that Donald Trump is best suited to maintain high home values, while 35.3 percent favor Kamala Harris for this role. Although homeowners generally see high home values as be… Continue reading

Pending home sales rise modestly in August as mortgage rates dip

Pending home sales edged up 0.6 percent in August, as declining mortgage rates made home purchases more affordable, according to data released Thursday by the National Association of Realtors. Continue reading

Second-home mortgages decline amid economic uncertainty

U.S. homeowners are showing less interest in taking on second-home mortgages, as elevated prices and economic jitters make these properties less appealing, Redfin reported on Thursday.
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Typical monthly mortgage plunges from all-time high recorded in April

The latest adjustment marks the lowest a typical payment has been in six months — and, with a mere 1 percent month-over-month increase, the smallest uptick in five years, according to a Redfin analysis. Continue reading

Many hoped a March rate cut would boost housing. Now, it’s not so clear

Most real estate professionals believe rate cuts by the Fed will be crucial for a sales recovery, according to results from the Inman Intel Index survey. But the timing on those cuts is hazy. Continue reading