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Housing Market

Affordability

Renters Are Nearly Twice as Likely as Homeowners to Say Housing Affordability Impacts Their Pick for President: Survey

32% of surveyed renters say housing affordability is a top-three issue when it comes to deciding which presidential candidate they’ll support. That compares with 17% of homeowners. The economy, inflation and health care are the most common top-three issues for survey respondents as a whole. 52% of surveyed homeowners say they’re better off financially than […]
Weekly Market Update

Pending Home Sales Post Biggest Increase Since 2021

Home sales are rising in most major U.S. metros as housing payments sit near their lowest level since January, but they’re falling in coastal Florida as hurricanes hit the southeastern U.S. Mortgage rates rebounded over the weekend; that could soon begin to impact homebuyer demand. Pending U.S. home sales rose 2% from a year earlier […]
Weekly Market Update

September Was a Turning Point For Demand, With Pending Home Sales Flat After 9 Months of Declines and Tours Hitting Highest Level Since April

Pending home sales are flat from a year ago, marking the first time since January they haven’t declined; on a local level, sales are increasing in most major metros. Other demand indicators, like home tours and mortgage-rate locks, are also improving as mortgage rates drop to their lowest level in two years.  Pending U.S. home […]
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