The median asking price for rental housing was $1,995 in May, a 0.6% year-over-year decline, according to new data from Redfin (NASDAQ:RDFN). This marked the largest annual decline since March 2020, the first annual decline since March 2020 and a significant shift...
Migration patterns by baby boomers and millennials during the first quarter of this year had little in common, according to data released by Bank of America (NYSE:BAC). During the first three months of 2023, Las Vegas, Phoenix, Tampa and Orlando were among the most...
Mortgage rates went into minor decline after three weeks in ascension, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTC:FMCC). The 30-year fixed-rate mortgage averaged 6.71% as of June 8, down from last week when it averaged 6.79%. A year...
A total of 35,196 U.S. properties carried foreclosure filings in May, according to new data from ATTOM. This represents a 7% increase from April and a 14% spike from May 2022. Nationwide, one in every 3,967 housing units had a foreclosure filing last month. The states...
The average renter in 11 major U.S. markets needs to earn a six-figure annual salary in order to avoid being considered as rent burdened. Consumers are considered rent-burdened if they spend 30% or more of their incomes on rent. To avoid being rent-burdened, the...
NAHB Says Immigration Detention Policy Is Disrupting Homebuilding
