Financials Rapidly Rising Student Debt Keeps Millions From Homeownership Student loan payments are holding many Americans back from becoming homeowners by keeping their debt-to-income ratios high. Over the course...
Market Data + Trends If Home Prices and Inventory Weren’t Enough, Buyers Now Struggle to Get Mortgages Mortgage credit availability has reached near its lowest level since 2014, adding another hurdle for prospective buyers on top of low...
Financing Climbing Mortgage Rates Add $33,000 to Average Loan The recent rise in mortgage rates are adding more stress to buyers who are struggling with high home prices. For the week ending April 1,...
Economics Home Prices See Largest Gain in 15 Years, Some Blame the Federal Reserve Home prices are continuing on an upward trend, reaching an 11.2% year-over-year gain in January, the highest annual gain in almost 15 years....
Financing Income Needed to Afford a Home in Every U.S. City Zippia.com rounded up median home prices for 175 U.S. metros and the minimum income needed to afford a home. CNBC says one in 20 adults have...
Market Data + Trends Top Reasons Why Buyers Are Braving the Tough Market Buyers are facing a market with tough competition, low inventory, and rising home prices, but they say it’s all worth it to achieve the...
Financing February Listings Received an Average of Four Offers Buyer competition intensified in February with an average of four offers per home sold last month. The National Association of Realtors says...
Financing Mortgage Rates Return to March 2020 Levels Mortgage rates increased again this week as the market heads into the busy spring season, but it doesn’t appear to be scaring many buyers...
Market Data + Trends Will Rising Mortgage Rates and Home Prices Slow Housing Demand? Single and multifamily construction starts dropped to the lowest pace since August 2020, which could mean the market will soon reach a...
Market Data + Trends Home Prices, Pending Sales, and Sale-to-List Price Ratio Advance Housing marketing data for the four-week period ending March 7 reflect a market filled with high demand as median home prices jumped,...