Analysis and Data

After a slower start, younger generations are rapidly catching up in homeownership, fueled by rising incomes, career stability, and family formation, with millennials now buying homes in their 30s at rates comparable to Gen X in their early 40s

Michael Haltman of Hallmark Abstract Service examines some of the reasons why nearly half of all refi apps are being rejected

Luxury home sales increased 2.9% year-over-year, while non-luxury sales rose 0.7%, as luxury inventory climbed 6.4% year-over-year, compared to a 9.5% increase in non-luxury inventory, posting their highest October levels in at least five years

Refi and HELOC activity inched upward in Q3, as homeowners capitalized on modest rate improvements and tapped into equity, but affordability constraints are still keeping purchase demand subdued

Post-purchase remorse declines from 2023, as today's buyers approach the market more deliberately, while the share who feel they overpaid for their home falls from 15% to 8% over the past two years

Rural homebuyers need to earn at least $75,000 to afford the typical home, up from $36,000 before the pandemic, with the median home sale price in rural areas up 61% from before the pandemic

Despite housing affordability, industry costs, and local economic conditions, real estate firms project their profitability to increase

The number of U.S. homebuyers dropped 1.7% to the lowest level on record, aside from the start of the pandemic, amid high housing costs and economic uncertainty, while the number of sellers dropped 0.5% as sellers retreated in response to low buyer demand

Home sales and new listings were little changed month-over-month, as Americans continue to grapple with high costs and economic uncertainty

New research from Zillow shows that 53% of all U.S. homes have lost value since last year — the highest share since 2012, the tail end of home value declines after the Great Recession