Housing Inventory Continues to Climb, Growing for Third Straight Month
In another positive sign for a more robust spring buying season and shift in what has been one of the ...
Tag: Homeownership Costs
Realtor.com Reports 8 Consecutive Months of ‘Softening’ Rent Prices
In December 2023, the U.S. median rent price decreased across all 0-2 bedroom properties, and rent was slightly lower than ...
Home-Selling Profits Dropped in 2023 for the First Time Since the Great Recession
During 2023, national homesellers made a $121,000 profit on the typical sale, leading to a 56.5% return on investment, according ...
42 Million U.S. Households Were Cost-Burdened in 2022
In 2022, 42 million households in the United States were cost-burdened, paying one-third of their income toward housing—a statistic that ...
Renting is Still More Affordable Than Owning
Rising home prices—along with high mortgage rates and inflation—have created a strong challenge of affordability in the housing market. It’s ...
Home Affordability Remains a Challenge in Q4 2023
Despite recent positive economic developments—lowering mortgage rates below 7% and a second consecutive rate pause from the Fed—housing affordability continues ...
Housing Affordability Worsens in Q3 2023
Housing affordability worsened in Q3 2023 due to rising mortgage rates—which have now surpassed 7%—and high home prices, along with ...
Covering the Costs of the First Year of Homeownership
Homebuying is the American dream, however many walk into it without knowing the full weight of the financial decision they ...
Insurance Giant Not Accepting New Policies in California
Last week, as most people were looking forward to porch parties and barbecues over the long weekend, one of the ...
The States With the Most and Least Cost-Burdened Homes
While homeownership is known to be costly, 21.48% of owner-occupied households in the U.S. are housing cost-burdened, according to a ...
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