Black Owned Home Values Appreciated the Fastest During the Pandemic
Black Americans’ housing wealth has made strides, but remains well below that of the typical U.S. household
Affordability
Homes You Can Afford for $3,000 Lose A Bedroom As Mortgage Rates Increase
Home size per dollar still largest in Memphis and the Midwest, despite declines driven by mortgage rates.
Three Roommates or Four Jobs Needed to Afford a Two-Bedroom Rental on Minimum Wage
Rent affordability is better in cities with higher minimum wages, even in expensive markets.
December Housing Starts: Homebuilding Activity Continues to Slow Amid Cooling Market
A record number of housing units are currently under construction
Updates to conforming loan limits mean 2 million U.S. homes no longer require a jumbo loan
This could open up more home options for buyers shopping at higher price points and hoping to avoid the additional fees of a jumbo loan
Spooky Season is Here to Stay: Mortgage Affordability May Never Recover
Housing affordability has become the highest barrier for both buyers and sellers in today’s housing market. Throughout the pandemic, as prices were rising to never-before-seen heights and inventory plummeted to their lowest level in at least 40 years, low mortgage rates helped keep monthly payments affordable for most home buyers who could afford a down payment. But now that rates are soaring, that monthly payment is climbing out of reach for many.
Declining Demand Drives Price Pullback
A sharp retreat in demand for housing has helped drive the market to rebalance – and prices to fall – even as listing activity remains subdued
Sales Up, Size Down for $1 Million Homes
The typical million-dollar home has shrunk in size across nearly all major metropolitan areas
Today’s ARM Borrowers Have Higher Incomes, Larger Down Payments
Adjustable-rate mortgages rose in popularity in the first half of 2022, bringing the share of adjustable-rate mortgage applications to the highest it’s been in 15 years
