Homebuyers nationwide need 34% more income to afford a home
Due to increasing mortgage rates and rising sale prices, homebuyers across the nation will need to earn $76,414 annually in order to afford to typical monthly mortgage payment, according to the technology-powered brokerage Redfin.
Pending home sales slip for fifth straight month
Contracts for home sales dropped another 1.2% in March, marking the fifth straight month of declines amid rising interest rates and soaring prices.
Housing shortage, soaring rents squeeze US college students
College students across the U.S. are looking for housing for the 2022-23 school year and if 2021 was any indication, it won't be easy.
Homebuyer competition dropped for first time in 6 months, report says
March's figures marked the first month-over-month decline since September, which underscores the notion that demand is beginning to cool, according to Redfin.
Rent prices may go ‘even higher’ amid rate hike: ‘Million Dollar Listing’ broker
Real estate adviser Kirsten Jordan provides insight into rising mortgage rates in the housing market.
Real estate expert on how to address supply shortage 'crippling' middle class
Romer Debbas Managing Partner Pierre Debbas argues the 'biggest obstacle' to adding supply to the housing market is labor shortages and supply chain issues.
Real estate in Charlotte, North Carolina: What you can get for $1M
Charlotte, North Carolina, has been ranked as one of the fastest growing cities in the United States since the early 2000s.
Housing market predictions for 2022
2022 will "present a mixed bag of housing affordability challenges and opportunities," according to realtor.com economists.
Mortgage rates cross 5%
The average rate for a 30-year fixed-rate mortgage is now at 5.11%, the highest level in 12 years.
Housing 'getting squeezed from both ends of the pipeline’: NAHB CEO
National Association of Homebuilders CEO Jerry Howard breaks down the state of the housing market.
Real estate agent: We're not in a bubble
Mike Aubrey of Berkshire Hathaway HomeServices PenFed Realty on the housing market as home prices hit record $375K in March, surging mortgage prices and
US home price growth hits another new high in February: CoreLogic report
Home price growth reached yet another new high in February, a new CoreLogic report showed. Here's how homeowners can take advantage of rising home values.
Central Texas population and economic growth strikes a downside: home ownership now unaffordable, study says
Central Texas has seen booming population growth in recent years, but the influx of new Texans has also pushed housing costs up at a far faster pace than the rest of the state.
US rent prices reach record highs as buyers pushed out of market
The median monthly asking rent increased 17% compared with a year ago, to $1,940, according to real estate brokerage Redfin.
Existing home sales drop as prices hit new record
Sales of previously occupied homes dropped in March as prices hit a new all-time high.
Cost of mortgages up 20% since December
Despite the rise in the cost of mortgages, buyers are still purchasing houses at a faster-than-average rate.
Is the US already in a housing bubble?
As soaring home prices raise concerns that the U.S. is in a housing bubble, the question becomes: Will prices come down with a whimper or a crash?
House for sale goes viral thanks to bedroom sign
The family home in Onalaska, Wisconsin, is listed at $420,000 and has four bedrooms, three bathrooms, and is on 1.53 acres.
Blackstone bets on campus housing with $13B acquisition
Blackstone Inc. will buy student-housing owner American Campus Connection for $12.8 billion.
Homebuying remains strong in these top markets – here’s how homeowners can cash-in on demand
Homebuyers still seem to be interested in entering the real estate market, even with mortgage rates on the rise. Recent data showed that the number of metro areas where the average home had a double-digit number of showings surged in February.