Rising land costs and shifting buyer preferences are forcing builders to replace entry level homes with larger, more expensive ones

Homebuyers have faced a number of obstacles on the path to homeownership since the start of the pandemic, and as mortgage rates continue to reach new highs, market sentiment is falling

Housing demand surged as remote work became prevalent during the pandemic, but as household formation slows two years later, so too are home prices

Buyers are lowering their down payments as competition wanes and housing costs surge in a major market correction

Down payments reached a record high in May and June due to elevated home prices and heated competition, but as an affordability crisis becomes more widespread, buyers are pulling back

Denver buyers are becoming more selective as housing costs soar to new highs, and in response, a number of sellers are being forced to make concessions

After years of record-high home prices and speedy sales, homebuyer demand is falling the fastest in these popular metro areas

Real and nominal home prices could see double-digit declines over the next 5 to 7 years, but it may still take some time for buyers to feel the effects of a full-blown housing correction

Rising interest rates coupled with historically high home prices have cut hundreds of square feet out of homes affordable to San Diego buyers with a $3,000-per-month budget