Market Data + Trends A Quarter of Existing Homes Sold in April Went to All-Cash Buyers A quarter of existing home sales in April were all cash, leaving first-time buyers with little leverage during the most competitive spring...
Financials Mortgage Demand Pulls Back as Average Mortgage Passes $400,000 Higher home prices mean higher mortgages and buyers today are now applying for $411,400 mortgages on average, the highest since February....
Market Data + Trends Home Prices Increase in 89% of Markets During Quarter One Home prices continue to rise across the country with 89% of markets posting price gains and the national median home price hitting $319,200....
Market Data + Trends Nearly Half of Americans Say It's Not a Good Time to Buy The share of American adults expecting home prices to increase over the next year reached its highest point in Gallup history, just 1% above...
Affordability Today’s Homebuyer Perception of Affordability Exceeds 2020 Levels A larger share of homebuyers report being able to afford half or more of the homes available for sale in their markets during the first...
Market Data + Trends Are Existing Homes Really Selling for More Than New Homes? March sales data found median prices for existing homes were higher than newly built homes for the first time in 15 years, but CNBC says...
Market Data + Trends Buyers Turn to Cash and Higher Down Payments to Snag Homes Amidst a highly competitive market, homebuyers are pulling out all the stops when trying to purchase a home. The National Association of...
Housing Policy + Finance Why the Next Foreclosure Wave Won’t Be As Bad If homeowners can't make their mortgage payments, they can take another path, one far less painful than foreclosure: sell, often at a hefty profit
Financing Real Estate Taxes Are Highest in These States Aside from home prices, many Americans need to consider an area’s property taxes to ensure their future property fits into their budget....
Financing Mortgage Rates Reach 10-Month High Mortgage rates crept up last week, resulting in less demand for mortgages and refinancing. Overall mortgage application volume dropped 5.1%...