How it started… How it's going: Cost of shelter, auto insurance still up compared to when Biden took office
The cost of shelter, auto insurance, electricity and food away from home were all up by double digits since President Biden took office in January 2021.
Home prices are finally starting to fall – and they dropped the most in these 3 cities
A new report published by Realtor.com found that the share of available home listings that saw a price cut in July rose to the highest level in two years.
Mortgage rates drop to lowest level in over a year
Mortgage rates dropped this week to the lowest level in more than a year, with the average rates on both 30- and 15-year fixed mortgages falling sharply.
Mortgage demand roars back to life as rates drop to lowest level in a year
A survey published by the Mortgage Bankers Association found that interest rates dropped to a one-year low, spurring a surge in home-purchase applications.
Mortgage rates fall slightly to lowest level since February
Mortgage rates for both 30-year and 15-year fixed-rate mortgages declined this week to their lowest level in months, but remain uncomfortably high for many would-be buyers.
Housing inventory just hit a post-pandemic high, and these cities saw the biggest boosts
A new report from Realtor.com shows housing inventory in the U.S. has hit its highest level in years. See which cities had the greatest increase in listing for July.
Home prices just set another record high as affordability crisis worsens
New data published by the S&P CoreLogic Case-Shiller index shows that home prices climbed to a new record high in May as the affordability crisis worsens.
A $1 million starter home is the new normal in over 200 cities
A new report published by Zillow shows that the typical starter home in 237 cities nationwide costs $1 million as the housing affordability crisis deepens.
High housing costs hitting record highs, Harvard University report says
Housing is more expensive that it was before the pandemic in almost every part of the country, according to experts.
Homebuyers are getting cold feet
A new report published by Redfin shows that a growing number of buyers are backing out of deals to buy a house due to high mortgage rates and steep prices.
Home prices smashed another record in June as sales slump
New data published Tuesday by the National Association of Realtors shows that the median existing home sale price smashed another record high in June.
LL Cool J’s California home selling for $5.2M
Rapper and actor LL Cool J has his Encino estate on the market for $5.2 million. The 6,048-square-foot home features five bedrooms and five-plus bathrooms.
Housing costs have nearly doubled in key swing states since 2020
A report published by Redfin shows that the cost of buying a house has surged in seven battleground states due to the astronomical rise in mortgage rates.
Housing market short 4.5 million homes – here's how that impacts your house hunt
The U.S. had 4.5 million fewer homes than it needed in 2022, up from 4.3 million in 2021, driven by a surge in population growth that has outpaced housing supply.
Biden unveils plan to cap national rent increases at 5%
President Biden unveiled a proposal that would eliminate major tax breaks for corporate landlords who raise their tenants' rent by more than 5% each year.
Evictions are rising fastest in these 5 American cities
Eviction filings are on the rise in several major cities as Americans continue to grapple with the ongoing cost-of-living crisis and expensive rent costs.
These states have the highest foreclosure rates in the US
Foreclosure filing for the first half of 2024 fell from the same time in 2023, but some states have seen alarming spikes so far this year, according to a new report.
Mortgage refinance falls again, despite homeowners sitting on $17T in equity
New data published by the Mortgage Bankers Association shows that U.S. homeowners are reluctant to refinance with mortgage rates still hovering around 7%.
US home prices just hit another all-time high
Buying a house just became even more expensive as high mortgage rates continue to create a "lock-in" effect for many would-be sellers, according to Redfin.
These 15 housing markets have the highest correction risks
A new report published by Parcl Labs shows that a growing number of markets in the U.S. are at risk of a home-price correction amid signs of softening.