The affordability gap for Black and Hispanic households seeking homeownership in California continues to remain behind other ethnic demographics, according to a new data report from the California Association of Realtors (CAR). During 2024, less than one-fifth (18%)...
The number of programs offering down payment assistance increased by 43 during the first quarter, a 2% quarterly uptick that brought the total number of available programs to 2,509, according to data from Down Payment Resource (DPR). The nationwide average benefit...
The typical down payment during the fourth quarter of 2024 was $30,250, according to a new report from Realtor.com. The level was slightly below the third quarter’s level but roughly $3,000 higher than one year prior. “As inventory recovers, the housing...
A new data report from Redfin (NASDAQ: RDFN) has reached the conclusion that the wealthiest 1% of Americans have the financial capacity to buy 99% of the nation’s homes. How does that work? According to Redfin, the combined value of nearly 100 million American homes...
Real estate investors purchased 47,004 homes in the fourth quarter, according to new data from Redfin (NASDAQ: RDFN). This was a 3.9% year-over-year drop – the biggest decline in a year – and marked the lowest level for that time of year since 2016. Real estate...
Zillow Cuts Its Late-2026 Home Sales Outlook as Rents Accelerate
