After speeding into home purchases from 2019 to 2021, first-time buyers were slowed down by historically high home prices and skyrocketing mortgage rates in 2022
Data show household growth doesn’t seem to be getting the boost from behavioral changes it was a year ago, which has significant implications for future housing price and rent projections
The mid-pandemic housing boom created affordable pathways to homeownership for minority buyers, narrowing a historically rooted racial gap that has pushed Black, Latino, and Asian households into the rental market for decades
Double-digit rent hikes are hurting older Americans, who are being forced to pay significantly more money for much smaller apartments in the nation's most popular metros
Bank of America is offering zero down payment mortgages to first-time minority homebuyers in five U.S. cities, but in the event of a housing downturn, the program could burden more recipients than it benefits
Buying a home is becoming a near-impossible feat for a growing number of house hunters all across the U.S., but for young minority buyers, the path to homeownership is obstructed in more ways than one