Housing Market
All Reports
February 14, 2024
Elevated home prices and mortgage rates, along with sluggish rents, have made low-priced homes increasingly attractive to investors. Investors bought 18% of all homes that sold in the fourth quarter, up slightly from a year earlier. Overall, investor home purchases dropped 11% from a year earlier, though that’s the smallest decline since they began falling […]
February 14, 2024
Homeowners are staying put longer than they were in the early aughts. That’s largely because older Americans are aging in place and it’s difficult to find and afford houses, but partly because it was easy to get mortgages in the early 2000s. Tenure has declined a bit from its 2020 peak due to the pandemic […]
February 9, 2024
Rents haven’t fluctuated much over the past year, rising 1% in January—a far cry from double-digit growth during the pandemic. Landlords don’t have much room to boost prices as they grapple with rising vacancies and the pandemic housing frenzy moves further into the rearview mirror. The median U.S. asking rent rose 1.1% year over year […]
February 8, 2024
High mortgage rates and harsh weather are pushing down home sales, but some house hunters are touring and getting a feel for the market. The bumpy start to 2024’s housing market continues, with daily average mortgage rates posting their biggest one-day increase in over a year on February 2. The jump came after a hotter-than-expected […]
February 6, 2024
Local laws and politics have become increasingly important as the nation gets more politically divided, and homebuyers have more flexibility than they used to in choosing where to live. Roughly one-third (32%) of real estate agents have at least one client who moved primarily because of local laws or politics in the last year. This […]
