News

Housing Market Update: Dearth of New Listings Keeps Home Prices From Falling Further

Housing Market Update: Dearth of New Listings Keeps Home Prices From Falling Further

New listings are down more than 20% from a year ago as homeowners hang onto low mortgage rates. That’s causing buyers to snap up homes quickly and keeping prices from falling further; prices are down by roughly 3% annually, similar to the[...]
Read More
Rental Market Tracker: U.S. Rents Post First Annual Decline in Three Years

Rental Market Tracker: U.S. Rents Post First Annual Decline in Three Years

The median U.S. asking rent fell 0.4% year over year to $1,937 in March. That’s the first annual decline since March 2020—when the coronavirus was declared a pandemic—and the lowest median asking rent in 13 months. By comparison,[...]
Read More
Housing Market Update: Home Prices Drop 3%, But Monthly Housing Payments Hit Record High As Mortgage Rates Tick Up

Housing Market Update: Home Prices Drop 3%, But Monthly Housing Payments Hit Record High As Mortgage Rates Tick Up

Despite high housing costs and a limited supply of homes for sale, many people are out house hunting. The typical U.S.  homebuyer’s monthly housing payment hit an all-time high of $2,538 as average weekly mortgage rates rose to 6.39%[...]
Read More
Housing Market Update: Buyers Can’t Buy if Sellers Won’t Sell

Housing Market Update: Buyers Can’t Buy if Sellers Won’t Sell

New listings of homes for sale are down 25% from a year ago, marking the eighth straight month of double-digit declines. That’s making it difficult for buyers to find homes but giving some sellers a competitive edge.New listings of U.S.[...]
Read More
Home Prices Fell 3% in March—Biggest Annual Drop in Over a Decade

Home Prices Fell 3% in March—Biggest Annual Drop in Over a Decade

The median U.S. home sale price fell 3.3% in March to $400,528, the largest year-over-year drop since 2012. That follows February’s 1.2% dip, which was the first annual decrease since 2012.Pandemic boomtowns and pricey Bay Area[...]
Read More

Showing 156 - 160 of 1102 posts