According to the latest data from the Department of Commerce, housing starts ran at a 1.14 million seasonally adjusted annual rate in March, down 0.3 percent in February.
Urban markets have been impacted most by the recent housing market slowdown, according to a new study of exurban, suburban, and urban market trends in the 100 biggest U.S. metros.
A recent study finds that same-sex couples were 73.12 percent more likely to be denied a mortgage than straight couples with similar profiles, based on mortgage data from 1990 to 2015.
Homeowners spend an average $21,000 preparing to list their home for sale, according to Zillow. About 25 percent of home sellers willing and able to afford to fix up their home before listing were able to sell above the list price.
A new study of home building employment finds that of the 10.3 million Americans working in construction in 2017 (the most recent data available), more than 4 million worked in residential construction, or 2.6 percent of the nation's civilian labor force
According to Freddie Mac's latest data, the 30-year fixed-rate average hit 4.17 percent, up five basis points over the previous week and down 30 basis points annually.
The Silent Generation, aged 73 to 93 years, was the smallest homebuying age cohort in 2018, with a seven percent market share. These buyers are most likely to buy a home to be closer to friends and family.
The nation's housing markets, even in the priciest ZIP codes, are shifting in advantage toward home buyers after years of favoring sellers. Year-over-year, 10 times as many of the 100 biggest U.S. metros now favor buyers.
Home prices in Los Angeles, Orange, and San Diego counties in California fell in March 2019, the first annual decline for LA and San Diego counties since 2012, and the third for Orange County since December 2018.
A new study of Baby Boomers' median debt balances in the 100 biggest U.S. cities finds that it's bigger in Texas. Houston Boomers had the highest median balance in the study, $31,626.
