Market Data + Trends Pending Home Sales Increase in September This trend is expected to continue over the next two years as home prices stabilize
Market Data + Trends Housing Vacancies Remain Stable During Q3 2024 Homeowner and rental vacancy rates have only risen slightly year-over-year
Demographics Most Young Homeowners Say They’re Better Off Than They Were 4 Years Ago While 69% of Millennial and Gen-Z homeowners are doing well financially, just 52% of their renter peers can say the same
Market Data + Trends Demand for Distressed Properties Weakens In a recent survey, 34% of investors said they feel less inclined to buy due to challenging market conditions
Market Data + Trends As Prices Remain Elevated, Second Homes Become Less Common Since 2020, the share of second homes in the US has dropped from 7.15 million to 5.7 million homes
Market Data + Trends Remodeling and Design Firms Optimistic About End-of-Year Activity Firms expect more inquiries and new projects heading into 2025
Market Data + Trends Home Prices Grew by 0.5% in September This was the fastest rate of growth since April, but year-over-year growth remains slow
Build to Rent Investment Opportunities Arise in the Build-to-Rent Sector While the multifamily sector remains stagnant, single-family B2R communities continue to see growth
Market Data + Trends Home Seller Profit Margins Decrease Although profit margins for sellers remain high, they dropped during Q3 2024
Remodeling Most Homeowners Prefer to Renovate Rather Than Buy a New Home Remodeling costs may be rising, but that's not deterring many homeowners who want to renovate
Housing Markets These ZIP Codes Have the Highest Home Prices In 2024, 67% of the most expensive housing markets saw a rise in median sales prices
Build to Rent 8 Amenities That Appeal to Renters in Build-to-Rent Communities As B2R communities grow in popularity, it’s important to consider what renters are looking for
Market Data + Trends Sales of Existing Homes Declined in August At the same time, the median sales price for homes rose by nearly 4% month-over-month
Insurance Homeowners Say They're Unprepared for Potential Costs of Extreme Weather Despite severe weather conditions becoming more common, 26% of homeowners say they aren't ready for the associated expenses