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‘Til Death Do Us Part: More Than Three-Quarters of Baby Boomers  Plan to Stay In Their Home As They Grow Older

‘Til Death Do Us Part: More Than Three-Quarters of Baby Boomers Plan to Stay In Their Home As They Grow Older

Older Americans who own their home are staying put largely because they’re financially incentivized to do so. It’s contributing to the shortage of homes for sale. We asked baby boomers in a recent survey what they anticipate their[...]
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The Typical Household Earns Roughly $30,000 Less Than Needed to Afford the Median-Priced Home—But That’s an Improvement From Last Year

The typical U.S. household earns $29,448 less than it needs to afford the median-priced home. While that’s a sign of a major housing affordability crisis, it marks an improvement from October, when the typical household earned a record[...]
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Rental Market Tracker: Asking Rents Climb 2% in February, Biggest Gain in Over a Year

Rental Market Tracker: Asking Rents Climb 2% in February, Biggest Gain in Over a Year

The median U.S. asking rent rose 2.2% year over year to $1,981 in February, the largest gain since January 2023, and increased 0.9% from a month earlier. Asking rents hit a low point last February, which is one reason we saw a sizable[...]
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Housing Market Update: Listings Surge, Luring Some Buyers off the Fence, But Near-Record Housing Costs Price Others Out

Housing Market Update: Listings Surge, Luring Some Buyers off the Fence, But Near-Record Housing Costs Price Others Out

New listings rose 13% from a year earlier, their biggest increase in nearly three years, but home prices and mortgage rates remain elevated.The median U.S. monthly housing payment was $2,686 during the four weeks ending March 10, just $30[...]
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Redfin Home Price Index: Prices Rose 0.6% in February, Marking Return to Pre-Pandemic Norm

Redfin Home Price Index: Prices Rose 0.6% in February, Marking Return to Pre-Pandemic Norm

Home price growth is finally back to where it was before the pandemic following a three-year rollercoaster ride in which prices soared when ultra-low mortgage rates fueled a homebuying frenzy and cooled when rates jumped due to the[...]
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