Housing costs now unaffordable for record number of renters in US
Rent has become unaffordable for half the tenants in the U.S., more than ever before, according to a new study released Thursday by Harvard University.
Mortgage rates climb, adding to affordability woes
Mortgage rates climbed again this week, with the 30-year fixed-rate averaging 6.69%. While rates have declined since the fall, home prices are expected to continue to rise.
Major US cities create innovative solutions amidst continuing housing crisis
City planners and developers are renovating former commercial buildings to add housing in growing cities. Projects include retrofitting libraries, office space and motels into housing.
Rents slipped in December but are still way above pre-pandemic levels
U.S. median rents dropped for the eighth month in a row in December, offering some relief for renters who are still contending with high inflation and interest rates.
Mortgage demand rises again even as interest rates increase
A key measure of home-purchase applications up 3.7% last week as a recent increase in mortgage rates did little to cool buyer demand, according to new data.
January is an ideal time to review your insurance policies
The cost of insurance is on the rise, and 70% of Americans are looking for ways to brings those costs down without jeopardizing protection for loved ones and homes.
Existing home sales tumbled to lowest level since 1995 last year
The sale of previously owned homes fell in December, capping out the worst year for home sales since 1995 amid the astronomic spike in mortgage rates.
Mortgage rates fall to lowest level since May 2023
The average rate for a 30-year fixed rate mortgage fell to 6.6% this week, the lowest the benchmark note has been since May of last year. But affordability remains a challenge.
Empty nesters now own twice as many large homes as millennials with kids as families are edged out
A decade ago, empty nesters owned the same share of three-plus bedroom homes as families with children. Now, baby boomers with no kids at home own large homes at twice the rate.
Housing starts fall in December despite sharp drop in mortgage rates
Housing starts fell in December for the first time in four months, even as a drop in mortgage rates spurred a burst of optimism in the housing market.
Homebuilder sentiment surges amid sharp drop in mortgage rates
Confidence among homebuilders in the U.S. housing market rose in January for the second consecutive month as high mortgage rates continued to decline.
The housing shortage is finally starting to ease
The total number of homes for sale on the market rose in December for the second straight month, a sign the housing shortage is finally starting to ease.
This was the average cost of an American home in the decade you were born
The average cost of homes has fluctuated over the years. Take a look at how inflation has played a role in the housing market in the decades of 1940 through 1980.
The 'old American Dream died,' Realtor details salary needed to buy a home, afford a middle class life in 2024
Orlando realtor Freddie Smith discusses how owning a home and living a typical middle class life has become increasingly unattainable for most millennials and older Gen Z.
Luxury real estate markets where cash deals are the norm
Sotheby's International Realty's 2024 Luxury Outlook Report reveals industry trends and highlights cities around the world where cash is always king.
First time homebuyers should check these cities per Realtor.com
Realtor.com on Thursday put out a report detailing the cities expected to be best-suited for those looking to purchase their first-ever home. Irondequoit in New York came in No. 1.
Mortgage demand surges at start of new year even as interest rates rise
A key measure of home-purchase applications rose 9.9% in the first week of 2024, even as mortgage rates moved higher to start the new year, new data shows.
Buffalo's housing market will be the hottest in 2024, Zillow says
Buffalo, New York will see its housing market become the most competitive out of 50 major cities this year, projections from Zillow indicated.
Property insurance rates keep climbing, worsening affordability crisis
Home and auto insurance rates continue to rise and are climbing out of reach for some Americans in what has been a brewing crisis.
Mortgage demand plummets again despite drop in interest rates
A key measure of home-purchase applications tumbled 9.4% in the final week of 2023, even as mortgage rates posted a sharp drop over the course of December.


















