The median home sale price broke a record for the ninth consecutive week, reaching a level of $397,482 during the four weeks ending July 7, according to new data from Redfin (NASDAQ:RDFN). This represents a 4.7% year-over-year spike and the biggest increase in over...
Mortgage application activity dipped in the latest Mortgage Bankers Association (MBA) data tracking the week ending July 5. The Market Composite Index, the MBA’s measure of mortgage loan application volume, slipped by a scant 0.2% percent on a seasonally adjusted...
Connecticut’s capital city of Hartford is leading the country for rent hikes, according to new data from Zillow (NASDAQ:Z, ZG). Rents have grown 7.8% over the past year in Hartford, the greatest annual spike in any major city; the current typical rent in Hartford is...
Bismarck, North Dakota, ranked first among more than 180 as the best market for rental housing in WalletHub’s 2024 Best & Worst Places to Rent survey. For this year’s survey, WalletHub number-crunched 21 indicators of rental attractiveness, ranging from the...
The majority of Gen Zers believe they will never be able to become homeowners, according to a new survey published by Clever Real Estate. In a nationwide poll of 1,000 Gen Zers, 60% of respondents were worried that will never own a home, while 18% believed they can...