Housing Market
All Reports
October 5, 2023
The median U.S. asking rent was little changed from a year earlier for the sixth straight month as an increase in the number of rentals made it harder for landlords to boost prices. But apartment construction has started to slow, which should ultimately help bolster rents. Asking rents are climbing in the Midwest and Northeast, […]
October 5, 2023
A homebuyer on a $3,000 monthly budget has lost nearly $40,000 in purchasing power over the last year, as mortgage rates have risen from around 6.5% in October 2022 to nearly 8% today. The glimmer of hope for the housing market: a small September uptick in new listings. Mortgage rates hit their highest level in […]
October 4, 2023
Baby Boomers were most likely to say the opposite, with nearly half saying dating is more stressful than homebuying. Divorce and finding a new job were the only two listed life events that a majority of respondents said are more stressful than purchasing a home. White respondents said buying a home is more stressful than […]
September 28, 2023
Originally published to Forbes on September 12, 2023. For many young Americans, the dream of owning a home feels less like a middle-class milestone and more like a prize available only to those with family money or extraordinary incomes. The monthly mortgage payment on a median-priced home has increased 15% in the last year, while incomes […]
September 28, 2023
Record-high monthly mortgage payments are motivating sellers to drop asking prices to attract buyers, who are unwilling to pay a dollar more than necessary for their new home. Roughly one in 15 (6.5%) U.S. homes for sale had a price drop during the four weeks ending September 24, on average, up from 5.8% a month […]
