Housing Market

A Growing Share of Home Listings Are Stale As Market Cools

A dearth of buyers and relatively few new listings are leading to an uptick in homes sitting on the market longer than a month. It’s giving buyers some breathing room while frustrating sellers. The share of U.S. homes that were listed for 30 days or longer without going under contract increased 12.5% in July from […]

The Typical Income of a Boise Homebuyer is 24% Higher Than Before the Pandemic

Homebuyer incomes soared in pandemic boomtowns like Boise, Austin and parts of Florida, largely due to remote workers moving in from pricey job centers. Housing markets in many of those places are now slowing down. The typical Boise homebuyer earned $98,000 in 2021, up 24.1% from 2019. That’s the biggest homebuyer income increase of the […]

Newcomers to Philadelphia Have Nearly 40% More to Spend on Homes Than Locals

Out-of-towners have bigger budgets than locals in relatively affordable destinations like Philadelphia, Atlanta and Dallas because many are remote workers moving in from more expensive places, often with high hometown salaries and proceeds from a home sale. The average out-of-towner moving to Philadelphia in the first half of 2022 had $588,000 to spend on a […]
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