Popular California metro areas dominated the top spots for nation's highest median rent in the second quarter of 2023

Entry level homes are becoming less affordable and harder to find in today's high-cost, competitive market

The share of homebuyers actively engaged in home purchases was essentially unchanged from the first quarter of 2023 to the second quarter of the year

Homeowners who moved or refinanced during the COVID-19 pandemic have mortgages with interest rates below 4%, and rather than relocating and losing that low rate, many are staying put

The median price of a Los Angeles home has risen 30% in the last 5 years to a figure just shy of $1 million, and experts say it won't be long before list prices cross that million-dollar threshold

How low must mortgage rates go before home sellers make their way back into the housing market?

Affordability expectations worsened between the first and second quarters of 2023 as high home prices and rising mortgage rates continued to price a growing number of homebuyers out of the for-sale market

The Federal Reserve continues to raise its rates amid stubborn inflation in the U.S. economy, and the housing market is suffering the consequences

Higher interest rates and home prices aren't just stalling home sales, but according to the National Kitchen & Bath Association (NKBA), they're also deterring homeowners from tackling necessary renovation projects