March Home Sales Forecast: Damn the Weather
Wintry weather across much of the country in March kept home shoppers inside, compounding the headwinds from tight for-sale inventory and higher mortgage rates.
Living the ‘Homemade’ Life in Hudson, N.Y.
'People come here because they have an idea of what the ideal life would be, and they come here to let this be a place of working toward the ideal.'
Living the ‘Homemade’ Life in Savannah
'There is this energy. The cobblestones, the dripping Spanish moss, the years and years of history. You feel it all here.'
Living the ‘Homemade’ Life in Asheville, N.C.
'It's just this free-spirited little place tucked away in the mountains.'
Living the ‘Homemade’ Life in Bend, Oregon
'The thing that makes Bend feel like home to me is whenever I see the Cascade Mountains off in the distance.'
Homes Sold Faster Than Ever in 2017
As demand has outpaced supply in the housing market over the past three years, buying a home has become an exercise in speed and agility. The median valued home flew off the market in just 81 days last year, which was nine days faster than the year before.
Mortgage Rates Steady Despite Trade Tensions, Mixed Jobs Report
Breaking news and soft inflation data on Wednesday put slight downward pressure on mortgage rates, but they remained remarkably steady, which suggests that, at least for now, markets are writing off recent developments as transitory.
Black and White Homeownership Rate Gap Has Widened Since 1900
In 1900, the gap in the homeownership rate between black and white households was 27.6 percentage points. It's now 30.3 percentage points, the widest among whites, blacks, Hispanics and Asians – although the difference between white and Hispanic homeownership rates has more than tripled. Asians have seen the largest gains, although their homeownership rate still lags whites.
Why White and Asian Home Buyers Have an Advantage Over Black, Hispanic Buyers
A white American household could reasonably afford a home almost two-thirds more expensive than a black household in 2017, giving them significantly more flexibility to find an affordable home last year in an incredibly competitive housing market marked by low inventory.
10 Most Affordable Markets for Renters
Markets with low rents might not be as affordable as they seem when you consider the earning power of people who live there. Pittsburgh, St. Louis and Oklahoma City top the list of metros that pass a more realistic test.
