Always a bridesmaid, rarely a bride, first-time buyers make big return

First-time homebuyers now make up 45 percent of all transactions, up from 37 percent of all buyers in 2021, returning to pre-pandemic levels, according to new data from Zillow released Thursday. Continue reading

For the first time, Fannie Mae now expects home prices to fall next year

Economists at Fannie Mae project national home prices to decline by 1.5 percent and home sales by 21 percent in 2023 as Fed continues inflation fight. Continue reading

More homebuyers think prices will go down in the next year than up

Survey shows homebuyer sentiment falling for the seventh month in a row as high home prices and mortgage rates weigh on affordability, according to Fannie Mae’s latest National Housing Survey. Continue reading

What do fast-cooling markets have in common? These 5 offer a hint

In some of the nation’s most quickly slowing housing markets, the number of new listings is twice the number of recent sales, according to an analysis by SmartAsset. Continue reading

Not just a coastal thing: 7 inland cities most altered by remote work

Some cities have seen work-from-home policies persist well beyond the pandemic’s first year. See the places most transformed by remote work, according to the Economic Innovation Group. Continue reading

Home affordability stabilizes, but remains tough nearly everywhere

It’s still expensive to buy a home in nearly every part of the country. But for most buyers since the start of July, things didn’t get worse, new data shows. Continue reading

US housing markets considered ‘overvalued’ quadrupled in 2022

Median home sale prices exceed the house-buying power of would-be buyers in 19 of 50 markets, according to data released Tuesday by First American Financial Corp. Continue reading

Markets in the Midwest, East Coast are weathering headwinds the best

A new Redfin report finds markets in the Midwest and East Coast are weathering the market slowdown better than anywhere else. Chicago, Milwaukee and Albany, New York, top the list. Continue reading

The pandemic-era home price boom has ended — and now we know when

Two major estimates of home prices now concur: The uninterrupted string of monthly increases came to an end this July, according to new data released Tuesday from CoreLogic and the FHFA. Continue reading