REI INK

Housing Sentiment Again Shows Signs of Plateauing

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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

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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

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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

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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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Realtor.com® April Housing Report

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The Required Household Income to Purchase a Home Exceeds $250,000 in Four California Metros According to the Realtor.com® April housing data, the national required household income to purchase the median priced home rose to $116,000, up $5,900 from a year ago, after accounting for the cost of tax and insurance. For hopeful buyers in California’s major metros of Los Angeles, San Diego, San Francisco and San Jose the household income required to purchase the median-priced home is over double the national figure. April

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INCREASING SHARE OF LOCAL COMMUNITY DEVELOPERS BUYING AT AUCTION EXPECT HOME PRICES AND RENTS TO DECLINE IN 2024

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40% expect home prices to decline in 2024, up from 32% in 2023 and 17% in 2022 29% expect rents to decline in 2024, up from 16 percent in 2023 49% describe their local real estate market as “overvalued with correction possible” 60% still expect to increase investment property purchases in 2024 Auction.com, the nation’s leading distressed real estate marketplace, released its 2024 Buyer Insights report, which shows that an increasing share

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