Tag Archives: Interest rates

According to a new analysis from the Joint Center for Housing Studies, home updates are likely to see some changes over the coming year. Click through to learn what the study is forecasting over the next four quarters.

A new RE/MAX report spotlights which metros are seeing the most significant increases. Click through to read the full report and learn what other “seasonal trends” are in play.

Home prices are up in 71% of the nation, according to ATTOM's 2023 U.S. Home Sales Report. With the U.S. median home price hitting another record in Q3, profit margins on typical home sales increased to nearly 60% nationwide.

The share of renters who are cost-burdened has risen to the highest level since 2012, according to a new survey from Apartment List. Here’s how many households were rent burdened in America in 2022 per U.S. Census data.

New commentary from Fannie Mae revealed the ESR Group is warning that while rates are moving rapidly again, they are expected to weigh on consumption and business investments over time. Experts now project a significant slowing trend in economic growth through the end of the year and into 2024.

While a slight increase in new listings offers potential buyers more housing inventory to choose from, Redfin has found that many are backing out of the market, as mortgage rates sit near levels last seen two decades ago.

Despite elevated interest rates and rising home prices that have intensified affordability issues for Hispanic homebuyers, by 2040, an estimated 70% of new homeowners will be Hispanic. Learn what else this new study from the Urban Institute reveals.

A new survey from Realtor.com revealed that an estimated one-third of prospective homebuyers have moved in with parents or other family members, in hopes of saving money to purchase a home this year.

As mortgage rates remain elevated, a new market report from Redfin revealed the typical homebuyer’s monthly payment is now at a record high of $2,666, representing a near 9% year-over-year change as housing costs continue to rise nationwide.

Homeownership is becoming more and more difficult, according to ATTOM's 2023 U.S. Home Affordability Report, which revealed that in Q3, housing affordability worsened across the nation amid continuing increases in home prices and mortgage rates.