Retiring Baby Boomers and Early Gen Xers Drove American Migration Patterns as Eastern States See Highest Inbound Moves United Van Lines released the company's 46th Annual National Movers Study, which indicates Americans continued to move to lower-density areas accelerated by...
Sales of luxury U.S. homes fell 38.1% year over year during the three months ending Nov. 30, 2022, the biggest decline on record, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That outpaced the record 31.4% decline in sales of...
Clayton, a national builder of attainable housing, and Next Step, a national nonprofit housing organization, have released an educational white paper highlighting the wealth-building benefits of off-site built housing: Off-Site Built Homes Proven To Appreciate In Value – Providing Equity...
Prepayment activity in November dropped 15.6% to a single month mortality (SMM) rate of 0.40% – once again marking the lowest rate on record since before 2000 when Black Knight started reporting the metric The national delinquency rate rose another 3.5% in November to 3.01%, up 10 basis points...
The Nation's longest home price boom has ended after a run-up lasting 10½ years. Nationally, prices have declined 3.1% from the peak in June, according to data from the American Enterprise Institute's (AEI) Housing Center. While all 60 largest metros have begun experiencing year-on-year price...
FHA loans are also making a comeback as a slowdown in homebuyer competition makes winning a home easier for bidders with lower down payments Roughly one-third (31.9%) of U.S. home purchases were paid for with all cash in October, according to a new report from Redfin (www.redfin.com),...
Florida's housing market reported more inventory (active listings) and higher median prices in November compared to a year ago, though inflation and interest rates above 6% continued to influence buyer demand, according to Florida Realtors®' latest housing data. Closed sales of single-family...
Recent homebuyers in certain places, like Sacramento and Phoenix, are at higher risk of falling underwater on their mortgage, while Florida homeowners are at even lower risk Only 3.4% of U.S. homeowners who bought in the last two years would be underwater on their mortgage if home values were to...
Affordability remains the biggest challenge facing home buyers today, but this small step forward is a welcome sight The cost of a new mortgage dropped 4.8% in November as mortgage rates dipped. Housing market activity is as chilled as it has been since the start of the pandemic. Rents fell by the...
