Home affordability erodes at fastest annual pace since 2004

Despite record-high prices, homes remain much more affordable for buyers than they were in 2006. However, buying power has taken a big hit lately. Continue reading

January home prices see 4th-largest year-over-year gain in 35 years

The 19.2 percent year-over-year jump was the fourth-largest increase recorded in the 35-year history of the Corelogic Case-Shiller Index. Continue reading

Home price growth in New England states slow to a crawl in October

Home prices have continued to rise quickly throughout the U.S., but price growth halted in October in the Northeast, according to the Federal Housing Finance Agency’s House Price Index. Continue reading

‘For sale by owner’ homes hit 40-year low. Is it even worth the effort?

Most homeowners who forego an agent are selling to someone they know, leaving a small group that fends for themselves on the open market, several new reports reveal. Continue reading

With money from chores (and help from dad), 6-year-old buys house

As a lesson in property investment, a father taught his 6-year-old daughter and her 2 siblings how to build a property portfolio — and they ended up with a brand new home. Continue reading

Small, outdoor-friendly rental markets thrived in 2021: RentCafe

As would-be homebuyers opted out of the for-sale market due to harsh market conditions in 2021, renters turned to alternative markets with space and access to nature, a recent year-end study from RentCafe found. Continue reading

It’s official: Inflation ramps up to fastest annual pace in 40 years

It’s not just the housing market. The prices of U.S. consumer goods have been rising faster than at any 12-month period since 1982, according to the Consumer Price Index, released Friday. Continue reading

Biden tariff policy propels lumber costs back to record highs

Booming buyer demand, withering US lumber supplies and a tariff hike on Canadian softwood have pushed lumber prices to a pandemic high, with sales contracts closing at $950 Wednesday. Continue reading

Home price hikes persisted in Q3 as September signaled growth decline

Prices rose 4.2 percent in the third quarter of 2021 and were up 18.5 percent over the same time last year, according to the latest House Price Index by the Federal Housing Finance Agency. Continue reading