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Americans now need to earn a record $115,000 to afford a typical home - up more than 50% since the pandemic

Tue, 10/17/2023 - 11:25

Income required for median US home — Income required for median US home
Redfin

Markets, mi-exclusive, housing-market, Homebuyer, buyer, home-price, Affordability

Homebuyer demand has crashed to its lowest level in almost a year as mortgage applications hover near a 3-decade low

Fri, 10/13/2023 - 14:58

Rows of suburban homes in Ocala, Florida — Ocala, Florida
Michael Warren/Getty Images

Markets, mi-exclusive, Markets, housing-market, mortgage-rates, mortgage-applications, Redfin

Will US house prices soar or plunge? These 5 experts are divided.

Sat, 09/30/2023 - 06:45

Tech Insider : Economy, Economy

Legendary investor and co-founder of Grantham, Mayo & van Otterloo, Jeremy Grantham — Jeremy Grantham.
Fairfax Media via Getty Images via Getty Images

economy, us-economy-and-markets, real-estate, house-prices, housing-market, housing-bubble, housing-crash

Remote Workers: Here Are the 10 Most Affordable U.S. Cities for Renters

Mon, 09/25/2023 - 13:40

U.S. employees are fighting against return-to-office policies, with the majority of workers saying they are willing to switch jobs if it means they won’t have to commute.

Redfin, economic inequality, price controls, housing in the united states, housing in california, mark hamrich, affordable housing

The housing market is brutal. These 6 charts show just how bad things are for buyers.

Sat, 09/16/2023 - 08:15

The housing market is brutal for buyers right now. — The US housing market is brutal right now, as low inventory keeps unaffordability high.
Getty Images

Markets, mi-exclusive, Markets, housing-market, mortgage-rates, unaffordable-housing-market, Affordability

The housing market has never been this expensive

Fri, 09/15/2023 - 10:55

The housing market has never been this expensive. — The housing market has never been this expensive.
UCG / Getty

Markets, mi-exclusive, Markets, housing-market, home-prices, Houses, mortgage-rates

Homes are so expensive in the US that 38% of young buyers say they were only able to break into the market with help from their family

Tue, 08/29/2023 - 09:43

home buyers — Shutterstock

Markets, mi-exclusive, Markets, Houses, housing-market, home-prices, gen-z

The average homebuyer lost $71,000 in purchasing power over the last year as mortgage rates refuse to ease

Fri, 08/25/2023 - 13:55

US house prices — The average 30-year fixed mortgage rate clocked in at 7.48% the last week, according to Mortgage News Daily.
Saul Loeb/Getty Images

Markets, mi-exclusive, us-housing-market, housing-affordability, affordability-crisis, mortgage-rates, high-mortgage-rates

The housing market is at 'rock bottom,' says Redfin's CEO, as high rates and prices take their toll

Thu, 08/17/2023 - 08:11

Tech Insider : Economy

Redfin CEO Glenn Kelman — The housing market is at "rock bottom," said Redfin's Glenn Kelman.
Redfin

economy, Real Estate, finance, Markets, Housing, Property, Mortgages

Home values have soared so much that the share of houses worth $1 million or more is near an all-time high

Mon, 08/14/2023 - 13:47

A row of suburban homes in Northern California — Some of the most active homebuyers during the COVID-19 pandemic are now pumping the brakes on purchases.
Jaskaran Kooner/Getty Images

Markets, MI Exclusive, Housing Market, Home values, Home Prices, Affordable, Equity

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