Housing Markets Which Local Housing Markets Will See Price Reductions in 2022? Some overheated housing markets are already seeing prices drop, but most will be bogged down by more gains throughout the majority of 2022
Financials Nearly Half of All U.S. Homes Were Equity-Rich in the First Quarter of 2022 Equity-rich homeowners are cashing out and leaving pricey markets to buy new homes in low-cost states
New-Home Sales Homebuyer Competition Falls to Lowest Level in Over a Year Bidding wars are slowing across the U.S. as more buyers are priced out of home purchases by rising mortgage rates
Market Data + Trends Zillow Lowers Its Home Value and Sales Forecast for 2022 Home values and home sales are slowing as mortgage rates climb higher, but that doesn't mean the housing market is losing all of its steam
New-Construction Projects Residential Construction Slowed for the Second Consecutive Month in April Builders are slowing their pace of new home construction after demand from budget-conscious buyers dropped in April
New-Home Sales Investors Are Taking Over Southern Housing Markets Investors account for over a quarter of all home purchases in some popular housing markets, and first-time buyers can't compete
Market Data + Trends Buyers Who Signed Contracts a Year Ago Can’t Keep Up With Rising Borrowing Costs Many buyers who signed contracts for newly constructed homes during the pandemic are second-guessing their decisions amid soaring interest rates
New-Home Sales The Cost of Buying a Home Is up 50% From 2021 2022 homebuyers are seeing decelerating home prices but rising mortgages sending monthly payments to record highs
Market Data + Trends 2022 Homebuyers Are Better Protected Than House Hunters During 2008 Bubble Today's homebuyers are backed by high credit scores and more disposable income, and few are dependent on risky adjustable-rate mortgages which led to the 2008 bubble and subsequent bust
Housing Markets Median Single-Family Home Prices Surpass Half a Million in Colorado For-sale homes in Colorado reached a staggering $600,000 in April, while five counties reported a median home sale price exceeding $1 million