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
Despite affordability challenges, a new poll found that two-thirds of Gen Z respondents view homeownership as a lifetime goal, as they plot to make their first or next home purchase in the next six years
Realtor.com reveals that renters are spending less than 25% of their income on rent, as the market posts its 26th straight annual decline
Bipartisan measure takes steps to boost housing supply and expand access to affordable mortgage credit
What it means for mortgage pros as Powell talks further cut likeliness, Fed neutrality, his future at the central bank, and more
House prices in small towns may not be what you’d expect
Lower rates and stable prices could restore balance by 2030, but affordability gains will vary widely
Who gains, who loses as potential move would intensify efforts to address the problem
Typical house’s days-on-market rose by a week as a range of factors were at play
Single-family business up more than 10% YoY, with notable increase in refi share