A Modest Proposal: How Even Minimal Densification Could Yield Millions of New Homes
Across 17 metro areas analyzed, allowing 10% of single-family lots to house two units instead of one could yield almost 3.3 million additional housing units.
U.S.-China Tensions Continue to Weigh on Mortgage Rates
Mortgage rates continued their back-and-forth pattern this week, finishing the last seven days slightly below where they were a week before.
Mortgage Rates Remain Steady — For Now
Mortgage rates held mostly steady in the leadup to the long Thanksgiving weekend.
September Case-Shiller Results and October Forecast: Steady as She Goes
The S&P CoreLogic Case-Shiller U.S. National Home Price Index® rose 3.2% year-over-year in September (non-seasonally adjusted), up from 3.1% in August.
October New Home Sales: Reinforcing the Trend
October new home sales stood at 733,000 (SAAR), according the U.S. Census Bureau, down 0.7% from upwardly revised September numbers but up 31.6% from a year ago.
The Silver Tsunami: Which Areas will be Flooded with Homes once Boomers Start Leaving Them?
Over the next 20 years, more than a quarter (27.4 percent) of the nation’s currently owner-occupied homes are likely to hit the market.
‘Open Concept’ Is the New Formal Dining Room for the Holidays
Zillow research finds the share of for-sale listings mentioning open concept layouts has more than doubled since 2015, while the share of listings mentioning a formal dining room has slightly dipped.
October Existing Home Sales: Up, But Some Buyers Still on the Sidelines
The economy is offering everything it’s got -- high employment, low interest rates, healthy home price appreciation -- and still there’s only modest growth in existing home sales.
U.S. Rents Continue to Rise as For-Sale Inventory Dries Up (October 2019 Market Report)
Annual growth in the U.S. rental market has been very consistent over the past year, never slower than 1.7% nor more than 2.4% -- slower than recent annual income growth that has hovered around 3% in recent months and a sustainable pace for renters, especially those trying to save for homeownership.
Mortgage Rates Continue to Track U.S.-China Talks
Mortgage rates fell this week, reversing a gradual upward trend to reach their lowest levels in two weeks.
