Hispanic, Black homeowners are narrowing home value gap: Zillow

The typical Hispanic-owned home is now valued 11.9 percent below that of a non-Hispanic white-owned home, the smallest property value gap on record, according to a Zillow analysis released Monday. Continue reading

US housing turnover rate hits 30-year low as lock-in effect lingers

In the first eight months of 2024, only 25 out of every 1,000 U.S. homes changed ownership, marking the lowest housing turnover rate since 1994, according to an analysis by Redfin released Monday. 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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Want a life of luxury? The 10 cities where it’s a relative bargain

Some luxury markets, especially in dense, pricey coastal cities, have seen little price growth since the pandemic because residents fled those places once they had the option to work remotely. Continue reading

High-income renters are top prize as ownership hurdles pile up: Poll

Luring high-income renters into homeownership will only become more challenging as costs stay high, according to experts and a survey of US consumers conducted by Dig Insights and Inman. Continue reading

Age of Aquarius is here as astrology boom hits the real estate industry

As younger homebuyers revive an age-old fascination with astrology in the aftermath of the pandemic, agents, designers and astrologers told Inman the stars are aligned for a resurgence. Continue reading

8% of buyers got down payment help from family this year: Survey

A new survey of 1,700 real estate agents this spring found that homebuyers in the Northeast and in Southern California were the most likely to get financial help from their family. Continue reading

Home prices ticked up in April as market faced a mixed bag

One new figure shows home prices rose in April compared to March but fell year over year. Economists, however, are fairly upbeat. Continue reading

Will migration fizzle out in 2023? History points to existential shift

The migration trends that drove housing demand during the pandemic are ending. But that doesn’t mean people aren’t moving, according to an Inman analysis of historic data. Continue reading

Housing inventory shoots up as homes sit longer on the market

A new report from Realtor.com shows that homes were sitting on the market for an average of 67 days in February, up from just 44 last year at the same time. Continue reading