Homebuyers made record down payments in 2024
For all of 2024, buyers put down an average of $29,900, or 14.4% of the purchase price, marking the highest figures since tracking began.
Affordability
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Investor home purchases are sinking, and it’s most evident in Florida
Real estate investors bought fewer homes in the fourth quarter of 2024, with purchases falling to the lowest level for any fourth quarter since 2016, according to a new report from Redfin.
Will mortgage rates allow for ‘peak’ homebuying season?
It’s quite obvious that stubbornly high mortgage rates slowed down early season homebuyers in the first quarter of 2025. Our weekly pending home sales data continues to run about 3% below last year.
Gen Z seeking inventive homeownership paths
Gen Z is carving a variety of paths to homeownership, seeking to overcome continued uncertainty with affordability and inventory.
Skyrocketing home values driving higher property taxes
A new report from CoreLogic shows rapidly rising home values have pushed property taxes through the roof.
Which cities have the largest portion of homes affordable to the average wage earner?
Online lender NetCredit identified Toledo, Ohio, and Detroit as the two cities with the most affordable homes for average income earners.
New Hampshire’s hot housing market has the state in crisis mode
The state’s population and economic growth are contributing to a housing crisis, which could spill into an economic crisis if action isn’t taken.
New apartment construction hasn’t lowered rents in many areas
Redfin reported a 18-month high in asking rent prices for new construction apartments. Can low-income workers keep up in 2025?
Dustin Owen on housing affordability: ‘I don’t think it’s going to be solved over the next four years’
Dustin Owen says that Donald Trump’s policies on tariffs and immigration could raise inflation and interest rates rather than lowering them.