Economics Median Home Prices Hit Record High in July July became another month of record breaking numbers for the housing industry as median home prices shot up to a new all-time high. Home...
Financing Singles Choose to Buy Over Rent Most in These Cities SmartAsset found that for every 10 households in the U.S., two of them are a one-person household. By analyzing the 2018 Census Bureau data,...
Sales Home Affordability Sees Slight Uptick in June Amongst all generations, more than 75% of homebuyers can afford less than half of the homes for sale in their markets. On average, 77% of...
Economics How Low Can Mortgage Rates Go? Just a few weeks ago, mortgage rates broke records by dropping just under 3%. Now at 2.87%, the average rate for the 30-year fixed is...
Economics Home Prices Predicted to Drop in Late 2020, 2021 Economists predict May 2021 to be the time for dropping home prices, a result of economic damage and concern over the government’s ability...
Financing Pandemic Slows Single-Family Rent Growth to Decade Low Rent for single-family homes broke records in February this year for the highest pace of growth in four years. Now, rent growth is at its...
Economics Homebuyers Boost Recovery of Multiple Sectors Previously pent-up consumers are reaping the benefits of historically low interest rates, and fueling the economy by doing so. The car...
Coronavirus Resources and Information 22 Million Potential Buyers Delay Purchasing Due to Pandemic Although the housing market withstood much of the pandemic’s effects, many potential homebuyers have not. According to a survey by Bankrate...
Housing Markets Best and Worst Cities for First-Time Homebuyers In the fourth quarter of 2019, first-time buyers accounted for 39% of single-family home purchases. In order to help first-time buyers...
Financing Which Cities Have the Most Female Six-Figure Earners? More money in pockets means more money to use toward property investment, says SmartAsset, which is why they gathered the cities with the...