Housing Market

Just 45% of Black Families Own Their Home, Compared With 74% of White Families–And the Gap Has Hardly Narrowed Over the Last Decade

The homeownership rates for both Black and white families rose slightly over the last 10 years, with part of the increase taking place during the pandemic.  The racial homeownership gap persists. The homeownership rate for Black families rose only slightly over the last decade, with part of the increase taking place during the pandemic–but it […]

Demand For Second Homes Is Way Down From Last Year’s Boom

Sky-high prices, loan-fee increases and financial-market weakness are putting a dent in demand for vacation homes, which soared during the pandemic. There’s still more demand for second homes than there was before the pandemic. Demand for vacation homes is way down after last year’s pandemic-driven boom.  Mortgage-rate locks for second homes were up 9.1% from […]

Migration Hotspots in the Sun Belt Are Home to the Nation’s Highest Inflation Rates

An influx of people moving into Phoenix, Tampa and Atlanta has led to rapidly rising home prices, one contributor to outsized inflation in those areas. Those Sun Belt metros are still relatively affordable, but scores of new residents and high inflation means the financial benefit of living there is diminishing.  Some of the hottest migration […]
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