A squad of economists is waging a stealth war on America’s ‘30% rule’

The Brooke Amendment — a law otherwise known as “the 30 percent rule” that has shaped U.S. housing policy since the 1960s — is in the crosshairs as spending on real estate soars to record heights. Continue reading

Rent peaked where it matters most. Here’s what happens next

Federal inflation data showed rent inflation dropped in April, about a year after rent growth rapidly slowed. Three economists explain why it took so long for that to happen and what that means for the future of the rental market. Continue reading

Homebuyers and sellers played chicken as sales slowed in March

Realtor.com’s latest monthly report reveals a market full of contradictions as mortgage rates continue to drive consumer sentiment and activity. Continue reading

The 2023 housing market: A real estate ‘reckoning is at hand’

Economists and other housing experts predict the market will be more balanced among buyers and sellers. Home prices won’t change much while mortgage interest rates will continue to dip. Continue reading

Inflation pumped brakes in October, but buyers still seeing consequences

All-items inflation rose 7.7 percent in October — down from September’s 8.2 percent. Although its welcome news, housing economists say it’ll take until 2023 for homebuyers to see the savings. Continue reading

October saw active listings grow even as new homesellers declined

The month saw active listings grow at a rapid pace even as new homesellers declined annually for the fifth straight month, falling 15.9 percent, according to a report. Continue reading

US residential rent growth cools to slowest pace in more than a year

Median monthly rent in the largest metropolitan areas of the United States dropped for a second-straight month in September to $1,759, according to a report released Thursday by Realtor.com. Continue reading

Inman’s ultimate guide to navigating the topsy-turvy fall housing market

Buyers and sellers face a new reality where bidding wars will be rare, days on market lengthen and markets go from boom to bust (and bust to boom). But don’t fear — Inman has you covered. Continue reading

Home inventory rose at record pace in July, despite fewer new listings

The long-awaited recovery in home inventory is in full swing. It’s not being driven by a rise in new listings but by the ongoing slowdown in demand from buyers, according to Realtor.com Continue reading

Homebuyer activity shows pulse as mortgage rates dip below 5%

Redfin’s Homebuyer Demand Index rose 7 points during the last week of July, while mortgage purchase applications rose for the first time in five weeks, according to new data released Monday. Continue reading