Housing Market News
Affordability
Virginia Beach, Memphis and Indianapolis are the Most Affordable Housing Markets for Veterans
Redfin finds that across 45 major metros, 9% of homes for sale are affordable for veterans, down from 27% in 2012.
Here’s the #1 Reason It’s so Hard to Find an Affordable Home
Under building of new homes and high construction cost perpetuate the affordable housing shortage.
Priced Out: The Housing Affordability Gap in America’s Largest Metros
African-American and Hispanic families are losing ground in owning homes faster than other racial groups.
Mapping FHA Loans Shows Where Cities Need More Housing
In the hottest job markets, federal loan programs aren’t helping people land homes in the areas that are closest to the best jobs. Federal Housing
Despite Declining Affordability, Homeownership Remains Within Reach for Teachers in Many Parts of the Country
Affordable housing for U.S. teachers has declined in 32 major metros from 2012 to 2016. But homeownership is still possible in some locations.
Hope is on the Horizon for Millennial Homebuyers as the Market Eases
Millennial homebuyers have good reason to be optimistic about homeownership, according to Redfin agents
Tariffs Push Mortgage Rates Down, Upping Homebuyers’ Purchasing Power While Amping Economic Uncertainty
Mortgage rates have dropped to their lowest level in six months in the aftermath of President Trump’s newly announced tariffs. For weary homebuyers who have
68% of Condos Sold Below List Price in February—the Highest Share in 5 Years
The condo market has been slowing due to surging insurance costs and HOA fees, which have priced many buyers out. It has also become more
Big City Comeback: Homebuyer Competition Is Rising Fastest in the Bay Area, New York
57% of homes in San Francisco sold above their list price in February, up from 50% a year earlier—the biggest jump among the top 50
Gen Z and Millennial Homeownership Rates Flatlined in 2024 As Housing Costs Soared
Young Americans are also tracking behind their parents’ generations; for instance, 33% of 27-year-olds own their home today, compared to 40% of baby boomers when
The Typical U.S. Homeowner Stays Put For 11.8 Years. In Parts of California, It’s Closer to 20 Years.
The typical Los Angeles homeowner stays put for 19.4 years, longer than any other U.S. metro and the longest span on record for the area.
America’s Wealthiest 1% Could Buy 99% of America’s Homes
The combined net worth of America’s wealthiest 1% has grown to a record $49.2 trillion, almost the same as the combined value of all the
