First-time homebuyers in 237 cities are finding the typical starter home is priced at $1 million or higher, according to new data from Zillow (NASDAQ:Z, ZG). Five years ago in the pre-pandemic housing market, only 84 cities offered $1 million starter homes....
Home sellers earned a 55.8% profit margin on typical single-family home and condo sales during the second quarter, according to new data from ATTOM. This level is roughly one percentage point above the profit margin recorded in the first quarter but down one point...
Two newly published data reports are offering very different views on the best markets for rental housing. Realtor.com’s newly published Top 10 Markets for Rents ranked cities in the South and Midwest highest for their rental affordability, rental availability,...
Sales of new single-family houses in June were at a seasonally adjusted annual rate of 617,000, according to estimates from the U.S. Census Bureau and the Department of Housing and Urban Development. June’s activity rate was 0.6% below the revised May rate of 621,000...
Existing home sales plummeted to a six-month low as the median sales price soared to the highest price ever recorded for the second consecutive month, according to data from the National Association of Realtors (NAR). Last month, total existing home sales dropped by...
Howard Amster Discloses 9% Stake in Redwood Trust as Sale Pressure Builds
