Market Data + Trends To Afford the Typical Mortgage Payment, US Buyers Need a $127,000 Down Payment This means a median-income household needs a 35.4% down payment to make monthly costs affordable
Housing Markets These Cities Are Seeing the Most Population Growth US Census data show cities in Texas have gained the most new residents year-over-year
Market Data + Trends Mortgage Rates Stay High, Builder Confidence Remains Low As confidence in the housing market declines, more builders are turning to sales incentives to entice homebuyers
Market Data + Trends Despite Recent Gains in Construction Activity, the US Housing Shortage Persists Coastal markets, such as San Francisco and Seattle, are feeling the shortage the most due to geographical costraints and strict zoning regulations
Market Data + Trends A Record Number of Homeowners Don’t Have Mortgages Right Now Mortgage rates are high, but many households remain unaffected due to the number of mortgage-free homes
Build to Rent While Build-to-Rent Construction Activity Remains Heightened, It’s Unclear Exactly What the Future Holds About half of recently surveyed experts believe B2R is here to stay, but others suggest activity in the sector will die down
Environmental Luxury Housing Markets Are Losing Value Fast Due to Climate Change A home listed in Nantucket, Mass., for $2 million sold for just $600,000 earlier this year due to sea level rise in the region
Housing Markets 10 US Cities Where Finding a House Under $200K Is Still Possible Less than a quarter of nationwide home sales are for homes under $200K, but some cities still have a sizable share of affordable housing
Market Data + Trends May Sees Home Sales Fall to One of the Lowest Points on Record There have only been two times in the past decade where the rate of home sales was lower than it is currently
Financing Home Costs Remain Elevated but the Housing Market Is Expected to See a Drop in Foreclosures A majority of homeowners secured mortgage rates prior to price increases, keeping their costs low