Demographics What Impact Will Gen Z Have on the Housing Market? The younger generation prioritizes lifestyle and affordability over homeownership, leaving experts unsure of how this will affect the housing market
Market Data + Trends All-Cash Offers From Big Investors Are Declining As competition eases, both small investors and average American households could benefit from this shift
Affordability In More Than 200 US Cities, a Starter Home Costs $1 Million This trend is most common in more expensive states such as California and New York
Financing Number of Mortgage Loans in Forbearance Increases in June This is the first time we've seen an increase since October 2022
Market Data + Trends Home Prices Continue to Grow but Are Expected to Slow by 2025 The decline in home sales could signify price stabilization in the near future
Market Data + Trends Despite a Drop in Existing-Home Sales, the Median Sales Price Hit a New Record High in June At the same time, unsold inventory continues to increase, reaching a 4.1-month supply
Affordability Housing Market Could Improve as Down Payment Assistance Programs Become More Widely Available There has been an 11% increase in the number of down payment assistance programs year-over-year, allowing more people to purchase homes
Market Data + Trends Could the Mortgage Rate Lock-in Effect Have an Upside? It turns out the lock-in effect of homeowners who secured a low mortgage rate staying put may be benefitting home price stability
Housing Markets Interactive Map Shows Smaller Housing Markets Have Seen the Bulk of Home Price Increases Exurbs, mountain towns, and other small cities have seen housing costs spike, while major cities see minimal change
Financing Homeowners in These States Face the Strongest Mortgage Rate Lock-in Effect In states with high housing costs, such as California and Hawaii, a homeowner’s mortgage payments could increase by $1,000 per month if they were to buy a new home
