Buyers are taking on riskier adjustable rate mortgages as affordability worsens
American homebuyers are taking on riskier adjustable rate mortgages to address affordability concerns despite the potential for payments to increase in the future.
Homes are now affordable in just 6 major American cities
Homes in most major American cities do not have prices low enough to be considered affordable for the median-earning household, according to a new study.
Home prices surge to another record high in February
U.S. home prices continued to march higher February, according to new S&P data, as would-be homebuyers compete for a limited number of homes for sale.
Wall Street has spent billions buying homes. A crackdown is looming
Wall Street went on a home-buying spree. Now, more lawmakers want to stop it from ever happening again by regulating investors' appetite for single-family homes.
Mortgage demand falls again as interest rates soar past 7%
A key measure of home-purchase application fell for the third straight week as mortgage interest rates marched to the highest level since November 2023.
Vast majority of aspiring homeowners say they cannot afford the American dream
A majority of would-be homebuyers in the U.S. say they have been priced out of the market and cannot afford the American dream, according to a new survey.
Surge in home insurance costs adding more inflation pressure on Americans
Surging home insurance premiums are the latest obstacle to homeownership for millions of Americans, who are already grappling with steep mortgage rates.
Mortgage rates are rising again. Here's how much the steeper rates will cost you
Higher mortgage rates can cost potential homebuyers thousands over the lifetime of the loan. Calculate how steeper rates could affect your monthly payment.
The cost of buying a house hit another record high as mortgage rates spike again
Buying a house just became even more expensive for would-be homebuyers as mortgage rates shot above 7% for the first time this year, according to Redfin.
California housing crisis turning many working-class towns into 'million-dollar cities': Report
Once quaint California towns with working class residents are now turning into cities where homes exceeding $1 million is considered the norm, a new report says.
Texas women say ‘houses before spouses’ after buying properties together; real estate expert weighs in
The real estate game is changing in Texas as co-founders of a company are helping young adults buy homes — not with family but with friends. Rogers Healy CEO weighs in.
Biden claims inflation was 'skyrocketing' when he took office, despite data showing opposite
President Biden claimed Wednesday that inflation was "skyrocketing" when he took office despite federal data showing that consumer prices remained low at the time.
Selling your house? Here's the best time to do it
A new analysis published by Zillow found that American homeowners looking to sell should list their houses in June in order to maximize their profits.
Millennials moved to red states like Texas and Montana, fleeing blue New York, California in 2023: study
A new study analyzing U.S. Census Bureau data finds red states are still enjoying a population boom while young adults continue to flee blue states in droves.
Aspiring homeowners in Arizona in despair over ‘wild’ prices: report
Homeowners and renters in Arizona are concerned over the difficult prospect of owning a home and it may impact the 2024 election, according to a recent report.
$40 billion of COVID-19 aid unlocked to build affordable housing
Treasury is relaxing access to COVID-19 aid to build affordable housing and expand eligibility for homes.
Younger generations open to turning to friends, family to achieve homeownership
A majority of Americans in Gen Z who don't own a home would consider buying one with a friend or a group of friends, according to a new survey by Credit Karma.
How it Started... How it's Going: Home sales down, housing prices, mortgage rates up since Biden took office
A new report from the National Association of Realtors says that existing-home sales jumped in February to the highest monthly increase recorded in a year, but overall sales are down.
Americans are making a mass exodus from big cities according to Census Bureau data
Americans are moving out of big cities in states like New York, California and Illinois at an accelerated rate to more affordable areas of the country, according to Census Bureau data.
US homebuilder sentiment unexpectedly rises to highest level since July
Homebuilder confidence jumped into positive territory in March for the first time since July, as the persistent shortage of existing homes pushes more buyers to new construction.