Housing Market

The Bay Area Housing Market Is Cooling More Rapidly Than Anywhere Else in the Country

San Jose, Oakland and San Francisco are among the fastest-cooling housing markets in the U.S. as mortgage rates remain above 5% and the stock market falters, pricing many would-be buyers out of the market. The 10 markets cooling most are all in the western U.S. Housing markets in northern California are cooling faster than anywhere […]

Demand For Vacation Homes Is Now Below Pre-Pandemic Levels

High home prices and mortgage rates, along with economic uncertainty and an increase in second-home loan fees, have put an end to the pandemic-driven vacation-home boom.  Demand for vacation homes has fallen below the pre-pandemic baseline for the first time in two years, with mortgage-rate locks for second homes down 4% from before the pandemic […]

49% of Hispanic Americans Own Their Home, Compared With 74% of White Families–But the Gap Has Narrowed Slightly Over the Last Decade

The Hispanic-white homeownership gap is narrowing as the largest group of Hispanic Americans ages into prime homebuying years. Nationwide, 49.1% of Hispanic families own their home. That’s essentially unchanged from 48.9% just before the pandemic began, but up from 46.3% a decade ago. As the Hispanic homeownership rate increases, the Hispanic-white homeownership gap has narrowed […]
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