News Updates

Latest Yardi Matrix Rent Forecast Focuses on Regional Supply

Once new units are absorbed, rents will rebound in markets where asking rates have fallen behind national average The multifamily market is a tale of two supply scenarios, shows a new special report from Yardi® Matrix. Of the 134 U.S. cities reviewed by Yardi Matrix, those that recorded substantial growth during the pandemic and are now receiving high volumes of new supply are posting stagnant or falling rents. Nine of 20 markets

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Bright MLS April 2024 Housing Report

Home prices hit new record highs in some markets in the Mid-Atlantic Buyers awaiting more selection have had their wish granted in 2024. New listings increased 14.7% in April 2024 and year-to-date have increased 4.4% compared to the number of new listings coming onto the market in the same period in 2023. Higher new listings have boosted supply in the Mid-Atlantic relative to last year. All metro areas had more active listings

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Housing Sentiment Again Shows Signs of Plateauing

HPSI Flat in April as Consumers Continue to Adjust to Higher Rate Environment The Fannie Mae Home Purchase Sentiment Index® (HPSI) was unchanged in April at 71.9 and is showing signs of once again plateauing as consumers continue to adjust to the higher interest rate and home price environment. This month, 67% of consumers indicated that it’s a good time to sell a home, while 20% said it’s a good time to buy

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44% of adults would buy their childhood home today if they could afford it

There’s an old saying that you can never go home again, yet nearly half of all adults would do just that if they could. A new Zillow® survey finds that 44% of Americans would buy their childhood home if cost were not an issue, yet only half of all adults say they could afford it at today’s prices. An even larger share of millennials and Gen Z adults would buy

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BARK and Zillow Announce America’s Most Dog-Obsessed Cities for Renters

Dallas named #1 most dog-obsessed city in the U.S., proving the bigger the hair, the closer to DOGS BARK, a leading global omnichannel dog brand with a mission to make all dogs happy, has teamed up with real estate marketplace Zillow to determine the top 10 cities to find dog-friendly rentals in the United States. BARK combined its thirteen years’ worth of dog data, based on BarkBox and Super Chewer subscribers, with Zillow’s extensive database of

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THE BEST TIME TO SELL A HOME IS IN THE FIRST HALF OF THE YEAR

New study shows home sellers see 13.1 percent premium in May; Annual analysis also looks at best months and days to sell a home ATTOM, a leading curator of land, property, and real estate data, released its annual analysis of the best days of the year to sell a home, which shows that based on home sales over the past 13 years, the months of May, February and April offer the highest

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