Analysis and Data
Nearly half (45%) of 2022 seller-buyers plan to buy outside of their current city or town; 9% say they would move out of state for better deals.
Miami, San Jose and Los Angeles have the highest percentage of foreign homeowners in the top 50 markets
Applications fell 1.2% from a week earlier.
Rising mortgage rates & home prices reducing affordability, even as supply grows.
IMBs reported a net gain of $223 per originated loan in 1Q 2022, down from $1,099 per loan in the previous quarter.
It's all due to the ongoing appeal of remote work
Hispanics and parents are doing the best.
Average perceived likelihood of an increase in housing assistance and affordable housing over the next 12 months declined to 37% in April 2022, from a peak of 52% in August 2021.
Redfin reports soaring mortgage rates cause sales drop.
Realtor.com reported Thursday that the median rent price hit $1,827 in April.