A land buying frenzy created during the pandemic era permanently disrupted the housing market, according to an inaugural data analysis report on land listings by Realtor.com. Since the first quarter of 2019, land market contracted by 23.6% and has yet to recover. Over...
March home sales posted the largest month-over-month increase in three years, according to the latest REMAX National Housing Report. Across the 50 metro areas surveyed for the report, home sales surged by 31.6% from February to March, the strongest monthly increase...
More than two in five (43%) Americans renovated their home in the last year and another 33% plan to renovate in the next year, according to a new survey from Redfin. Roughly two-thirds (65%) of the homeowners surveyed by Redfin who recently renovated their properties...
Renting a starter home remains a more affordable option the homeownership in all 50 of the nation’s largest metros, with an average monthly savings of $920 compared to buying. According to a data report from Realtor.com, the national median asking rent in March was...
The 30-year fixed-rate mortgage averaged 6.30% as of April 16, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTGCQB: FMCC). This is down from last week when it averaged 6.37% and is the second consecutive week of a declining rate. A...